Cryptocurrency taxation: Unusually many investors support it
1 min readCryptocurrency taxation is a formidable scarecrow for many investors and a big unknown in one. As the delayed filing of tax returns approaches, this is a stressful issue. The wallet provider Childly therefore conducted a survey on what investors themselves think about cryptocurrency taxation. And the results are particularly surprising.
Filing tax returns and cryptocurrencies
Childly asked their users what they thought about cryptocurrency taxation. 5,750 investors took part in the questionnaire and as many as 66% said that they support taxation. 20% were against and 9% think it is still too early for taxes. The rest never thought about the issue.
Interestingly, one-fifth of users come from countries where a digital wealth tax already exists.
Slightly bizarre, however, is that the profit of the digital currency should also be taxed correctly. This means that every trade in a BTC pair should be carefully recorded for the purposes of the Authority.
Maybe, we will see a time when cryptocurrencies receive the same privileges as gold and other commodities. So far, it is only possible to proceed according to valid and slightly confusing legislation.
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