Are taxes higher in Canada or USA?
Excuse me, I'm trying to compare the tax systems between Canada and the United States. Could you please tell me which country has higher taxes, on average? I'm particularly interested in income taxes, but also curious about other types of taxes like VAT or property taxes. Additionally, I'd like to know if there are any significant differences in tax policies or structures between the two countries. Could you provide some insight into this matter? Thank you for your time and assistance.
Do I have to declare crypto on taxes UK?
I'm a bit confused about the tax regulations regarding cryptocurrencies in the UK. Do I need to declare my crypto holdings when filing my taxes? I've heard different things from different sources, so I'm hoping you can provide some clarity. I understand that crypto is a complex and evolving field, but I just want to make sure I'm complying with the law and not getting into any trouble. Can you explain the current tax treatment of cryptocurrencies in the UK and what I need to do to ensure I'm on the right side of the law?