Creating the perfect cryptocurrency taxation system is like putting together a puzzle of a thousand pieces, half of which are lost and the rest burned by fire. But let's try.
Basic principles:
1. Simplicity: So that even your grandfather can pay tax on his million in bitcoins.
2. Honesty: Not only users pay, but the state also gets something other than the chance to "sleep through the digital revolution."
3. Motivating approach: You pay less - the state does not reach into your wallets with private keys.
---
How it works:
1. Tax on income from crypto:
If you keep the crypto for more than 2 years - 0% (reward for patience).
If it is less than 2 years, but more than 6 months - 5% of the profit (for peace of mind that you are not a day-trader).
If you trade like crazy: 15% of the profit (time to share with the world).
2. Tax on crypto purchases:
Bought a coffee with bitcoins? 0% - the state doesn't care about your money.
Bought a Tesla? 3% (if you can afford it, you will also deduct the tax).
3. Miners and stakers:
If you work at home, heat your house with GPU: 7% of income.
If you raised the farm to the level of "mini-Chennai NPP": 12%, because electricity is not free.
4. NFT and meta-universes:
I sold a monkey for a million - 10% (and the state will see what's in your head).
Bought virtual land? 2% (because you live in the matrix anyway).
---
Bonus:
Tax amnesty: If you declare your crypto-assets for the first time, you pay only 2% of all wealth and no one else interferes in your affairs.
The government doesn't monitor your transactions (to prove that it finally understood that crypto is freedom).
---
Why is this convenient?
Users are happy because the system is clear and honest. The state is happy because it finally made money on the hype. And you're happy because you're in the black and you're sleeping soundly with your private key under your pillow.
And most importantly: no 200-page reports. He simply said how much he earned, the state checked and took its own. Like civilized people.
