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Crypto Tax in 2020: A Comprehensive Guide

Paying crypto taxes is becoming increasingly difficult in 2020, as government tax authorities around the world continue to change their minds on how digital assets should be handled. To make things easier, we’ve put together a comprehensive guide to bring you up to speed on the latest changes.

Crypto-assets have entered the mainstream in the past few years, attracting the attention of tax authorities in leading economies. Following a boom in trading and prices, the gains made from crypto-related deals and activities are starting to be counted toward taxable income. Especially in the developed countries, tax authorities have tools to track unreported income.

Cryptocurrency taxation accelerated after 2014, when Bitcoin and a handful of assets arrived on stage. With the arrival of significant gains in 2017, most tax authorities…

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