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mercredi 7 octobre 2020

How to avoid paying taxes on my crypto?

Hello, is there someone who thought about the question of how to avoid taxes in your country? Or to pay lower taxes in other countries? I do not want to cheat on my country. But imagine that you live in a country, where I live and you have to pay tax from every crypto exchange. When you exchange for example BTC to ETH, you need to pay a 20% tax. That doesn´t make any sense, why I can´t pay only profit that I earn when I sell my cryptocurrencies to the fiat?

This is mainly caused because the governments do not understand cryptocurrencies and I do not want to pay someone for its ignorance.

I can't stomach paying taxes after I literally worked my ass off winning some money on Earnbet and having to pay to keep my own money after loosing out on so many wagers lol

submitted by /u/Frochamend
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* This article was originally published here

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