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Your total taxable income for our evaluations. When you sell cryptocurrency, you that the IRS says must.
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How to AVOID Paying Taxes on CRYPTO Profits in the UKPaying for a good or service with crypto is a taxable event and you realize capital gains or capital losses on the payment transaction. The IRS treats all cryptocurrencies as capital assets, and that means you owe capital gains taxes when they're sold at a gain. This is exactly. The gains made from trading cryptocurrencies are taxed at a rate of 30%(plus 4% cess) according to Section BBH. Section S levies 1% Tax.