In financial year 2022, around 0.07% of Indian Crypto investors declared and paid their taxes on crypto income which was very low as compared to other countries.
Globally, Only 0.53% of cryptocurrency investors declared their cryptocurrency activity to their local tax authorities in financial year 2022.Finland ranked at number one position for having highest % Crypto investors paying crypto taxes .
Five Countries With Lowest % Of Investors Paying Crypto Taxes :
1.Turkey-0.18%
2.Brazil-0.10%
3.India-0.07%
4.Indonesia-0.04%
5.Philippines-0.03%
Five Countries With Highest % Of Investors Paying Crypto Taxes :
1.Finland-4.09%
2.Austrlia-3.65%
3.Austria-2.75%
4.Germany-2.63%
5.United Kingdom-2.61%
source - Google
