Cryptocurrency trading and investment have become increasingly popular over the past few years. With more and more people investing in digital currencies, it is essential to look into the tax implications of trading cryptocurrencies. This article will cover which countries are tax-free and how to use a free crypto tax calculator to help you make informed tax decisions.
What is Crypto Tax?
Crypto tax is the taxation of digital currency profits. Cryptocurrency trading and investment are subject to taxation in most countries, but the rules and regulations vary from country to country. Depending on the land, crypto profits may be treated as capital gains, income, or a combination.