@bl1zz24
Did you know that while Bitcoin is still a digital asset, every jurisdiction has its own tax treatment? From the U.S. IRS’s “property” rule to EU’s VAT on crypto‑to‑crypto swaps, reporting obligations differ wildly. Traders need to track gains, losses, and even “air‑drops” as taxable income. Understanding local laws, using crypto‑tax software, and keeping a clear ledger can turn a compliance headache into a strategic advantage.