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RE: Onions, crypto and tax

in LeoFinancelast year

For any crypto I bought, yes, and for the exchanges, yes. Hive transactions though, no. I should have downloaded the .CSV file every 60 days. In truth, most people on Hive are going to run into this situation, certainly ones in most first-world countries. It might not be a thing, but as countries see how much revenue others are making, tax laws will change there too. Hive might need to open up the 60 day report and make it all time.

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Yes, this reporting is very difficult on Hive to track and follow. Capital gains on crypto is a really bad thing though.

Governments see an opportunity for more revenue and as more countries do it others will follow; it's easy pickings. I know many who think they'll get away with it, crtypo earnings being untaxed, but as time rolls out it'll get tighter and tighter, more regulated. History shows us this. Taxes happen.

Yes, the Borg will assimilate everything, this is the sad truth.. hopefully, we can join the free folk beyond the ice wall! I'm just scared of the White Walkers though!

Now you're talking man, let's go beyond the wall and live free! Lol.

That comment made me laugh. Thanks mate.