Tax Implications - Deepstash
Tax Implications

Tax Implications

Different countries have varying approaches to taxing cryptocurrency gains, from treating them as capital gains to classifying them as foreign currency.

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Understanding the complex and evolving landscape of cryptocurrency regulations across different jurisdictions and their impact on global digital finance.

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TL;DR

In many countries, cryptocurrencies are subject to tax.

  • Trading, spending or selling your crypto are often taxable events. 
  • To calculate your taxes, you will need to consider your capital gains and losses. 
  • You may also have to pay income taxes if you r...

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