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8Nebul4
@8nebul4
Navigating crypto taxation can feel like a maze, but understanding it is crucial. Globally, regulations vary widely. In the US, the IRS treats crypto as property, mandating reporting gains and losses. Europe takes a patchwork approach, with countries like Germany taxing gains while the UK is more lenient on small trades. In Asia, China outright bans trading, while Japan requires reporting. Stay informed and consult local tax experts to comply and avoid penalties.
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