Another "taxed" country

[Ferandil]

I've read today on spam blocked b about another cryptocurrency regulation, this time applied in Romania. Traders in this country will pay 10% of their crypto-related income. As for me, it is way too much for this. I'm starting to be worried about situation of crypto taxes around the world.

[trauchot]

This has been happening for a long time in many countries and will gradually appear in all other countries where it is allowed to use cryptocurrency, and most likely, all this will quickly begin to develop in 2020 after governments will start regulate the cryptocurrency.

[tamango]

Guy, what do you worry about? I think this is normal that  capital gain will be taxed as other securities.... 10% is not high compared for example to 23% of taxes on capital gain in Italy.

[team87]

Regarding regulations and taxes on a country depends on the country's economic policies. Of course the government has calculated and analyzed the development of developing crypto. So the problem of 10% will not be burdensome, as long as traders also get more profit than that.

[backfirst77]

If the cryptocurrency has obtained official regulations from the government, it is certain that there will be new regulations governing the imposition of taxes by the government. But a 10% tax seems too big to be imposed on cryptocurrency players. Because it has also been exposed to costs when making transactions and withdrawals. So too many pieces will be taken from crypto investors.

[Prime]

Every country has different regulation about taxes. I am not surprised if the number can reach 10%, but how can the taxes on Italy around 23%, it is too much. I think it is like the government will kill crypto lovers with taxes. 

[nakmantu99]

I've read today on spam blocked b about another cryptocurrency regulation, this time applied in Romania. Traders in this country will pay 10% of their crypto-related income. As for me, it is way too much for this. I'm starting to be worried about situation of crypto taxes around the world.

I think It is  not  good  for crypto currency,  Because Crypto  is anonymous. It cannot  be taken  the taxes. It is my opinion, 

[Hisbullah]

I've read today on spam blocked b about another cryptocurrency regulation, this time applied in Romania. Traders in this country will pay 10% of their crypto-related income. As for me, it is way too much for this. I'm starting to be worried about situation of crypto taxes around the world.

I agree  about that.  maybe When cryptocurrency  regulated by the government,  Crypto will more stable.  I think It is a good idea.

[doc]

I've read today on spam blocked b about another cryptocurrency regulation, this time applied in Romania. Traders in this country will pay 10% of their crypto-related income. As for me, it is way too much for this. I'm starting to be worried about situation of crypto taxes around the world.

Dont worry mate. If the government take a taxes,  I think  It is normal. Because It is for secure and countru income.

[Jacky]

I think It is  not  good  for crypto currency,  Because Crypto  is anonymous. It cannot  be taken  the taxes. It is my opinion,

Countries don't see crypto from its anonymity, they look at the profits that people can get from doing business there. I think it is no problem as long as the number of taxes reasonable. I think 5% is quite fair to be the taxes. 

[Nolkupit46]

I is certainly very much effective information because many countries don't allow online virtual currencies Due to taxes. Romania accepts bitcoin and altcoins with 10% taxes..

[MuTu]

Every country in the world has its own tax regulations and is different from other countries. No need to worry, the news is a final decision carefully thought by the government in Romania for the continuity of the cryptocurrency in his country.

[Nautilus]

Well, it looks good to have another countries and companies to adopt blockchain tech day by day.

[comer]

I've read today on spam blocked b about another cryptocurrency regulation, this time applied in Romania. Traders in this country will pay 10% of their crypto-related income. As for me, it is way too much for this. I'm starting to be worried about situation of crypto taxes around the world.

Yeah, I think 10% is higher for the crypto investor. I am concern about the instability of the market and might end up losing our capital if countries will deduct 10% from our profit. The volatility could kill our investment in a day plus the tax deduction. We may end leaving this space if our profit will just go to government.