Source: CryptoSlate ↗
Some Bitcoin holders tax bill is now set when they leave the country instead of when they sell
What the source reports
In Canada, Australia, and a handful of other countries, leaving now triggers a tax bill on Bitcoin gains that have never been sold. Both countries treat the moment someone stops being a tax resident as a disposal, calculating the gain at that day's market price whether or not a single coin ever changes hands. Jeremy […]The postSome Bitcoin holders tax bill is now set when they leave the country in...
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