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TaegeukChampionCourage TaegeukChampionCourage Thu Jan 23 2025 | 7 answers 1604

How much GST is payable on currency exchange?

I'm trying to figure out the amount of Goods and Services Tax (GST) that I need to pay when it comes to currency exchange. I want to know how much GST is applicable in this situation.

How much GST is payable on currency exchange?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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