When you pay crypto taxes and when you don’t

[analyst75 12]

Crypto Tax Principles

 “While crypto taxes can be complicated, the key principles are not. Fix these ideas in your head:

 

These are taxable events:

Selling crypto.

Trading crypto.

Buying stuff with crypto.

Receiving crypto from airdrops, hard forks, staking rewards, and the like.

 

These are not taxable events:

Buying crypto.

Donating crypto to a tax-exempt organization.

Gifting cryptocurrency (though large gifts may trigger a gift tax)

Transferring crypto from one account to another.” - John Hargrave 

 

Profits from free accurate cryptos signals: https://www.predictmag.com/ 
 

[fxeconomist 11]

You can also enjoy a tax advantage when engaging in cryptocurrency speculation through CFDs, like trading with Hotforex. Since no actual cryptocurrency transactions take place, and you simply enter into predictive contracts with your broker, there are no taxable events associated with your activities.

Edited November 3, 2023 by fxeconomist

[aimhi 10]

There are still many countries where crypto is still not taxable even there are no regulations related to it.