Crypto tax in your country: what do you think?

[gunhell16]

If ever cryptocurrency will be regulate in the country, possible to some of the community here in this industry will turn negative in it,  therefore it is much better to remain non tax cryptocurrency,it should remain in decentralisation to avoid it.

[bitcoin-shark]

I believe that the governments of all the countries in which there will begin to be certain volumes of traffic, important crypto transactions will somehow try to profit by taxing even the impossible but not and it will not be an easy thing even if all the transactions are visible on blockchains the real nature of altcoins is structured to escape all sorts of controls, however 20% of taxes is a truly huge percentage

[collinsjie]

My country has not fully embrace the crypto. The countries collecting huge tax on crypto are doing it to discourage so many investors. I know for sure soon they will reduce the the huge tax as time goes on when they see the importance of crypto to the world and their country.

[Jaephoenix]

Taxing is something we have to live with, whether fiat or crypto. We have become so acquainted with it, so we can comfortably do with it. Question is how much is too much tax? My country has banned crypto transactions so the issue of tax does not come in

[Ghozrd]

The taxes are too high, in the country where I live, crypto tax is only 0.1% on every transaction and crypto asset holdings, some countries that have high taxes, want investors out of the crypto space in order for them to prefer FIAT currencies. it's just my opinion. but I'm sure there will be a change in the taxation system there, I don't know when it will happen, because some countries currently have taxes on crypto ownership and the government can't ban crypto transactions if they want to accept taxes

[silkytakyaan86]

hii i am an indian In my country in the first year, the Indian government did not give any reaction on crypto. In india crypto was neither legal nor illegal. when everyone used to invest in crypto. but then , there was also a fear inmind. Then after that the Indian government regulated crypto. But with 30% tax. According to me the tax is too high. But if I look at the earlier times, there is also a relief in my mind. Why now we can invest without any fear.

[elbans89]

hii i am an indian In my country in the first year, the Indian government did not give any reaction on crypto. In india crypto was neither legal nor illegal. when everyone used to invest in crypto. but then , there was also a fear inmind. Then after that the Indian government regulated crypto. But with 30% tax. According to me the tax is too high. But if I look at the earlier times, there is also a relief in my mind. Why now we can invest without any fear.

You're right, 30% tax is too high.
I think 10% is enough.
The government should rethink about it, Not only talk about profit from crypto investment, But we also have loss.
It's sad , not wise.

[pacar_tiri]

I think It's a good thing, If the government Allow crypto currency and make regulations to take the tax.
It  make is more comfort, we can do transaction from our country.
So, I agree with this.

[de_prof]

I think It's a good thing, If the government Allow crypto currency and make regulations to take the tax.
It  make is more comfort, we can do transaction from our country.
So, I agree with this.

Yeah, It's a good , but If the government  take the tax too high, It's also annoying.
Because we didn't always get profit, sometime also have loss.
Maybe the government should rethink about it.

[surendertakyaan70]

hi i am from india Action has been brought on crypto in my country for the time being. In which he has regulated crypto. But with 30%. I was happy before. At least got the permission of crypto. But the high tax also caused regret.

[Hisbullah]

hi i am from india Action has been brought on crypto in my country for the time being. In which he has regulated crypto. But with 30%. I was happy before. At least got the permission of crypto. But the high tax also caused regret.

Yeah, 30% is too high.i think your government should rethink about their regulations to take the tax.
Because If the tax is so high,  it will make crypto trader and investor from your country will suffer.

[satpol_PP]

The government should have good consideration to take the tax.
I think I agree If the government will take 5-10% tax.
As we know Indian government take 30%, It's too high.
I agree with tax but not high tax

[pelana vreo]

I don't understand what the government is thinking, some ways to demoralize investors with high taxes won't work. Investors will use the Dex platform to avoid it or they can use the P2P platform.
The 20% tax is very high, if we make a profit of 1 BTC, 0.2 BTC is a tax for the government and it makes no sense.

[Confero]

Just sharing my experience, in my country Cryptocurrency has also started to be taxed for state income. For me this is not a problem, as long as the government does not ask for too high taxes. Everyone I think will also agree, because with Crypto taxes, our activities in Crypto will be safer.

[anshor1]

Just sharing my experience, in my country Cryptocurrency has also started to be taxed for state income. For me this is not a problem, as long as the government does not ask for too high taxes. Everyone I think will also agree, because with Crypto taxes, our activities in Crypto will be safer.

High tax will be the big problems for crypto investors.
The government should consider the tax.
But I think It's good thing if the government allow crypto, we can do transaction on my country and safe.