Do you pay taxes when exchanging crypto

do you pay taxes when exchanging crypto

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Short-term capital gains taxes apply in-depth coverage of personal finance loss is based on what tax software company, about how and its value at the time of the transaction to date.

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CRYPTO TAX LAWYER Explains: How to LEGALLY Avoid Crypto Taxes
However, crypto received as a salary is not subject to this high tax rate as it falls under the �income from salary� tax head. Choosing the right exchange. Profits from cryptocurrency are taxable in India, as clarified by the government's official position on cryptocurrencies and other Virtual. Transferring crypto to yourself: Transferring crypto between wallets or accounts you own isn't taxable. You can transfer over your original cost basis and date.
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Salary Calculator. He also bought Ethereum worth Rs 40, and sold them for Rs 30, However, not all crypto-to-crypto exchanges require you to pay taxes.