In Canada, cryptocurrency is considered a commodity for tax purposes. This means that any profits made from the sale or exchange of Ethereum (ETH) are subject to capital gains tax. The tax rate for capital gains in Canada is half of the individual’s marginal tax rate, which varies depending on their income level. It is … Read More “Tax for ETH in Canada” »
Taxes for Ethereum (ETH) in the United States of America can be a confusing topic for investors and traders. It is important to understand the tax laws and regulations associated with ETH in order to ensure compliance and minimize tax liabilities. In the USA, cryptocurrency transactions are taxed as capital gains. This means that any … Read More “Taxes for Ethereum in the United States: Everything You Need to Know About How to File Your ETH Gains and Losses Accurately” »
