Taxes on Bitcoin-to-Fiat Transactions – What to Know

Home Page Forums Mediterranean Urban and Periurban Agriculture Taxes on Bitcoin-to-Fiat Transactions – What to Know

This topic contains 1 reply, has 2 voices, and was last updated by  Genezi 1 day ago.

  • Author
    Posts
  • #25502

    Reiner
    Participant

    What kind of taxes apply when you convert Bitcoin to fiat currency? How do you report it and stay compliant with the law?

  • #25505

    Genezi
    Participant

    In most countries, it’s a taxable event and subject to capital gains. Use tools to track purchase and sale prices. When you buy bitcoin, keep records of timestamps and values. Report gains during tax season and consult a crypto-savvy accountant to avoid surprises.

You must be logged in to reply to this topic.

Project co-financed by the European Regional Development Fund