Altcoins Talks - Cryptocurrency Forum

Further Discussions => Legality & Taxation of Cryptos => Topic started by: mskumar on May 24, 2018, 05:03:18 AM

Title: Indian Government Considering 18% Retroactive Tax on Crypto Trading, Mining
Post by: mskumar on May 24, 2018, 05:03:18 AM
The government of India is reportedly considering levying a type of consumption tax on cryptocurrency trading and even mining. The most grievous part of this proposal is that it may also be a retroactive measure, demanding payments for past actions.
 Source :https://news.bitcoin.com/indian-government-considering-18-retroactive-tax-on-crypto-trading-mining/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications (https://news.bitcoin.com/indian-government-considering-18-retroactive-tax-on-crypto-trading-mining/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications)
Title: Re: Indian Government Considering 18% Retroactive Tax on Crypto Trading, Mining
Post by: linkdefeu on May 24, 2018, 03:55:21 PM
Quote from: mskumar on May 24, 2018, 05:03:18 AM
The government of India is reportedly considering levying a type of consumption tax on cryptocurrency trading and even mining. The most grievous part of this proposal is that it may also be a retroactive measure, demanding payments for past actions.
 Source :https://news.bitcoin.com/indian-government-considering-18-retroactive-tax-on-crypto-trading-mining/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications (https://news.bitcoin.com/indian-government-considering-18-retroactive-tax-on-crypto-trading-mining/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications)

Hello.
Thanks for this article.
It's too bad... To Made a retroactive measure to tax crypto... it's abused.
I hope in France they'll never do that.  :-\