CryptoSlatecryptoNEUTRALMEDIUM

Some Bitcoin holders tax bill is now set when they leave the country instead of when they sell

In Canada, Australia, and a handful of other countries, leaving now triggers a tax bill on Bitcoin gains that have never been sold. Both countries treat the moment someone stops being a tax resident as a disposal, calculating the gain at that day's market price whether or not a…

Read at CryptoSlate

Tickers