Dec 17, 2020 19:47 GMTCrypto News
As cryptocurrency adoption around the world increases, so does regulations.
Crypto users are searching for ways to eliminate or minimize their taxes.
Despite cryptocurrencies being decentralized, users still need to pay taxes. There are several ways people can reduce their taxes, and the best thing about it is that it’s completely legal.
Several tips to reduce crypto taxes for 2020
If you are a long-term trader or holder, you should definitely take advantage of the 0% long-term Capital Gain Tax Rate. It is possible to pay no taxes on your cryptocurrency holdings but it depends on your annual income and how long you kept them before selling. This tax rate is not very well known but can be a tremendous tool for ‘Hodlers’.
Nigerian Senate Passes Finance Bill 2020
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
BREAKING: Senate passes Finance Bill 2020 | The Nation Nigeria
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.