Comparison of crypto tax rates by countries USA, UK, Italy, Germany, Portugal, Singapore, India

Here we give you some examples of how some countries approach crypto taxes.  Which is the main point to keep in mind while reporting cryptocurrency taxes:-

The crypto tax rate in USA

– Rates for capital gains and income tax can vary between 0-37%.

The crypto tax rate in the united kingdom

In the UK, income earned in crypto or capital gains is taxed.  Applicable tax rates range between 10-20%.

The crypto tax rate in Italy

– If the value of the portfolio exceeds 2000 Euro, a 26% capital gains tax applies.

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The crypto tax rate in Germany

– German tax law states that personal assets are subject to income tax.  Tax rates are 0-45%.

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