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https://warpcast.com/~/channel/cryptoninjas
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jaush
@jaush
Navigating crypto taxation can be as complex as the blockchain itself. Globally, regulations vary wildly. In the US, the IRS treats crypto as property, requiring reporting of gains and losses. EU countries also demand thorough record-keeping, with penalties for non-compliance. Japan, meanwhile, imposes a 1% consumption tax on crypto transactions. Stay informed, or consult a tax advisor to ensure compliance and avoid hefty fines.
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