- Coincuba teams with crypto tax specialists, ACCOINTING, for crypto tax ranking
- Belgium worst mainstream economy for crypto income taxation
- Germany best mainstream economy for long-term crypto investors
- Bahamas, Bermudaand Belarus top list of crypto havens
DUBLIN, Sept. 8, 2022 /PRNewswire/ — The demands and expectations of cryptocurrency are always changing, and governments are continually adapting their taxation strategy accordingly. Crypto tax specialist, Accointing, sees an ever-increasing demand for crypto investing and is right behind Coincuba’s effort to provide ever greater clarity on the worldwide crypto industry.
One of the consistent findings of Coincuba’s quarterly rankings of the world’s leading crypto economies is that many countries are still evolving the regulatory requirements asked of their citizens who invest in crypto assets. Crypto gains can fall into a multitude of reporting requirements and each country has its own tax rules. In some countries, crypto gains form part of standard income tax reporting requirements in others they require special treatment subject to additional criteria.
Germany – a mainstream economy with generous crypto tax concessions