Do I need to pay tax on Revolut crypto?
I'm a bit confused about taxes and cryptocurrencies. I use Revolut to buy and sell crypto, and I'm wondering if I need to pay tax on any of the profits I make. I've heard different things from different people, so I'm hoping you can give me a clear answer. Is there a specific tax rate for crypto transactions on Revolut? Or does it depend on the type of crypto I'm dealing with? And how do I actually report and pay these taxes? Any information you can provide would be much appreciated. Thank you!
Do I need to report crypto if I didn't sell in the UK?
Hello, I am a UK citizen and have been investing in cryptocurrencies for some time. I have not sold any of my crypto assets in the UK, but I'm not sure if I need to report them for tax purposes. Could you please advise me on this matter? I'm quite confused about the rules and regulations regarding cryptocurrency in the UK. Thank you very much for your help.
What is the 183 day rule in Portugal?
Please refer to relevant websites for more information, and feel free to ask me any other questions.
Is VPN banned on Coinbase?
I'm a bit confused about the use of VPN on Coinbase. I've heard rumors that it's banned, but I can't find any official statements. Could you clarify this for me? If it is indeed banned, what are the reasons behind this decision? And what happens if I try to use a VPN while accessing Coinbase? Will my account get suspended or is there a risk of facing legal consequences? I really appreciate your help in clearing up this matter.
What is the IRS penalty for cryptocurrency?
Excuse me, as a professional practitioner in the field of cryptocurrency and finance, could you please tell me about the IRS penalty for cryptocurrency? I am considering investing in cryptocurrencies but am concerned about the potential tax implications. Could you please explain how the IRS views cryptocurrencies and what the specific penalties are for not complying with tax regulations? Thank you for your time and assistance.