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by avalys 1493 days ago
Aren't sales of Bitcoin for Tether taxable anyway?
5 comments

> Aren't sales of Bitcoin for Tether taxable anyway?

Maybe in US, but not everywhere. For example in Poland where I live crypto to crypto transactions are not taxable.

In Germany selling crypto for fiat after year should be tax free. https://www.coindesk.com/policy/2022/05/11/germany-publishes...
Decentralized exchanges probably don’t give you the reports you need to do taxes even if you wanted to do them.
Can't speak for other countries but for Australians, yes, it's a taxable capital gains event.
You are assuming traders are being makpid about IRS compliance and reporting.