Friday, April 13, 2018

EY: Cryptocoins revenues must be declared and taxed, but we need regulations from NBR and FSA

Revenues earned from cryptocoins, either by mining or by transactions are required to declare the income through the Single Form no. 212. The problem is that revenues from cryptocoin are yet to be regulated so it will be considered „other revenues”, not financial investments. That means that if the total ...

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