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In Europe, trading like-kind assets isn't a taxable event, so a lot of people take gains and move them into USDT. edit: At least that's what I remember seeing
by sna1l 9y ago
In Europe, trading like-kind assets isn't a taxable event, so a lot of people take gains and move them into USDT.
edit: At least that's what I remember seeing last, laws may have changed.
- jonknee 9y ago"Like-kind" is quite a stretch when considering something pegged to USD.
- lawn 9y agoFor Sweden at least crypto to crypto trades are taxable. But I know this is different for different countries, for example Denmark doesn't tax your gains at all.
- cobookman 9y agoLast year a lot of people thought that. However its not true and trades between crypto are taxable.