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🔥 Trump's Inauguration: A Turning Point or New Chaos?
Hello everyone, this is Nastya and the TCP-MARKET team!
On January 20, the world held its breath. Donald Trump, the 47th president of the USA, officially took office, starting a new chapter in the history of not only his country but also global politics. However, should we expect stability, or are we in for loud changes that could shake the world?
On January 20, the world held its breath. Donald Trump, the 47th president of the USA, officially took office, starting a new chapter in the history of not only his country but also global politics. However, should we expect stability, or are we in for loud changes that could shake the world?
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2025: Are you already participating in the crypto revolution with TCP-MARKET?
🌐 Did you know that right now, in January 2025, your bank account is already morally outdated?
Technologies do not wait. In recent months, the world has seen how blockchain has become the foundation of the global economy. Instead of fearing change, millions of people are already utilizing the opportunities of asset tokenization, crypto payments, and decentralized finance (DeFi).
Technologies do not wait. In recent months, the world has seen how blockchain has become the foundation of the global economy. Instead of fearing change, millions of people are already utilizing the opportunities of asset tokenization, crypto payments, and decentralized finance (DeFi).
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Trump, global challenges, and the crypto world: what to expect for the markets?
Hello everyone, this is Nastya and TCP-MARKET!
The political agenda is gaining momentum: the upcoming inauguration of Donald Trump is already causing a storm of discussions. His loud statements about 'seizing Greenland' or 'returning the Panama Canal' sound outrageous, but their meaning runs much deeper.
The political agenda is gaining momentum: the upcoming inauguration of Donald Trump is already causing a storm of discussions. His loud statements about 'seizing Greenland' or 'returning the Panama Canal' sound outrageous, but their meaning runs much deeper.
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TCP-MARKET: cryptocurrency taxation requires reform
States continue to impose fiat frameworks on cryptocurrencies, ignoring their nature and market characteristics. TCP-MARKET believes that this approach is outdated and needs to be reconsidered.
Main Problem
Tying the value of cryptocurrency to fiat for taxation purposes creates artificial obligations. The price of the asset is fixed at the time of the transaction, but by the time the tax is due, it may have changed significantly. The investor effectively pays taxes on "paper" profits that no longer exist.
Additionally, losses are ignored: tax is levied on profits but does not account for losses, which puts investors at a disadvantage.
Double Taxation
Paying for goods or services with cryptocurrency is often considered barter. This leads to double taxation: tax on the conversion of the asset and tax on the seller's income. Such an approach hinders the widespread adoption of cryptocurrencies as a means of payment.
TCP-MARKET's Position
We advocate for reforming tax approaches:
Accounting for volatility in tax calculations.
The ability to reduce the tax base by losses.
Exclusion of double taxation.
#TCPct #TCPcr
States continue to impose fiat frameworks on cryptocurrencies, ignoring their nature and market characteristics. TCP-MARKET believes that this approach is outdated and needs to be reconsidered.
Main Problem
Tying the value of cryptocurrency to fiat for taxation purposes creates artificial obligations. The price of the asset is fixed at the time of the transaction, but by the time the tax is due, it may have changed significantly. The investor effectively pays taxes on "paper" profits that no longer exist.
Additionally, losses are ignored: tax is levied on profits but does not account for losses, which puts investors at a disadvantage.
Double Taxation
Paying for goods or services with cryptocurrency is often considered barter. This leads to double taxation: tax on the conversion of the asset and tax on the seller's income. Such an approach hinders the widespread adoption of cryptocurrencies as a means of payment.
TCP-MARKET's Position
We advocate for reforming tax approaches:
Accounting for volatility in tax calculations.
The ability to reduce the tax base by losses.
Exclusion of double taxation.
#TCPct #TCPcr