henry_miller_astronomer
Tue Jun 11 2024
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6 answers
1480
How much is wealth tax in Switzerland for crypto?
Could you please elaborate on the matter of wealth tax in Switzerland for cryptocurrencies? I'm curious to know the specific tax rates and how they are calculated for digital assets held by individuals in Switzerland. Additionally, are there any exemptions or deductions available for crypto holdings? I'm also interested in understanding the tax reporting requirements and whether there are any penalties for failure to comply with the tax regulations. Thank you for your assistance in clarifying this topic.
Silvia
Sat Jun 08 2024
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7 answers
1673
How much is wealth tax in Switzerland for crypto?｜In Switzerland, buying crypto does not incur capital gains tax. This means you won't pay any tax when you purchase crypto, regardless of the source of your funds. However, .you may have to pay wealth tax on HODLing cryptos in your wallet
Could you please elaborate on the wealth tax in Switzerland for cryptocurrencies? I'm curious about how much it is and how it applies to individuals who hold crypto assets in their wallets. Is there a specific threshold or percentage that applies to the total value of crypto holdings? Also, are there any exemptions or conditions that need to be met to avoid paying this tax? Thank you for your assistance in clarifying this matter.
