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Can crypto be taxed?

Answers (1)

Arsalan Afzal
Feb 08, 2022 17:41:40

Yes, cryptocurrency can be taxed. For example, if you buy goods or services with cryptocurrency, the value of the purchase could be subject to goods and services tax (GST). Additionally, if you hold cryptocurrency as an investment, any capital gains or losses on its sale could be subject to capital gains tax (CGT).

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