Tax?

[Jereh]

No tradersdo not pay tax as Cryptocurrency is not yet generally accepted and so not mainstream.
Paying tax on it is not possible.

[Fenix]

No tradersdo not pay tax as Cryptocurrency is not yet generally accepted and so not mainstream.
Paying tax on it is not possible.

Basically, yes. In most countries, until the profit in cryptocurrency is not taxed. But in countries like Japan, the United States and some others, this activity is already taxed. Soon other countries will follow their example. As the states legalize cryptocurrency, cryptocurrency taxes will be commonplace.

[Zed0X]

Tax on profits from cryptocurrency trading and investing is possible. It is your responsibility to declare your correct income and the corresponding income tax. Whether it will be paid in crypto or fiat is another thing.

[DeKingCrypto]

No tradersdo not pay tax as Cryptocurrency is not yet generally accepted and so not mainstream.
Paying tax on it is not possible.

You are correct, currently there is no way to pay tax as crypto traders, but I feel that will happen someday.

[luvr1000]

In my opinion, the tax must be introduced on the use of cryptocurrency. Because when people start paying money in the form of tax for cryptocurrency, it will be good for any state 

[ivanleon]

No tradersdo not pay tax as Cryptocurrency is not yet generally accepted and so not mainstream.
Paying tax on it is not possible.

I think that in many countries can count as undeclared income, so it can wait for punishment. Depending on how much money I earned when withdrawing to Fiat funds.

[JaymondStark]

I believe it is not possible to pay taxes in crypto as individuals, but maybe exchanges can take action on this. I believe paying taxes will result better situations for ourselves, because tax means it is legal as hell.

[Raboni]

Paying tax will be possible once it was implemented and regulated by the government.
So far, it is not possible at this time because it wasn't regulated. More or less 5-10 years from now there will have a tax law of crypto.

[rsremove21]

yup they do not pay taxes cause in some country they do not accept cryptocurrency as a currency so the government didnt place a order to get taxes on trader.

[ZionRTZ]

It is difficult to trace at the moment since the tax system as I know it is on a "Cash-Basis". Cryptocurrency is not yet considered as cash in most countries. But from where I am, tax authorities can monitor our crypto earnings if we convert crypto to our local currencies since the local exchanges and its users are monitored also.

[Dkingbh]

In most countries, until the profit in cryptocurrency is not taxed. But in countries like Japan, the United States and some others, this activity is already taxed. Soon other countries will follow their example.

[Andruha1993]

At the moment in most countries there is no tax on cryptocurrency, but I think they will soon make a tax on cryptocurrency in all countries. It is the matter of time.

[Thegals]

Currently there is no tax imposed on cryptocurrency traders in my country. What is currently available is only fees at each exchange. In other countries you don't know whether there is already a tax imposition on cryptocurrency. There is no one in my country because there is no regulation yet.

[trauchot]

Many countries have already legalized cryptocurrency and you have to pay taxes, or then you will have to pay a big fine or you can also go to jail, soon it will be commonplace when the entire cryptocurrency will be legalized.

[eldial]

It is good idea if the government issued a Tax to the cryptocurrency and altcoins because this is for the good benefits of the country which can be used installing a infrastructures and besides of it will be legalized and the scammers will afraid to be victimized of the projects launched.