They estimated the average tax liability of noncompliers to be between $200 and $1087. Also wouldn't the fact that Norway requires to declare wealth in crypto n

They estimated the average tax liability of noncompliers to be between $200 and $1087. Also wouldn't the fact that Norway requires to declare wealth in crypto no matter how small the amount likely inflate the number of noncompliers quite a bit? In most countries you are only create a taxable event when exchanging to fiat or other crypto. IMO there should be more reasonable limits to how much you are allowed to sell before being liable for taxes. The amount of time it takes to properly file crypto taxes can be multiple hours especially if you do on-chain trading and need to report every invidual shitcoin exchange and so on. I feel like a significant amount of the tax office's resources would be freed by just allowing something like 5€k a year to be sold tax free.