🚨📈 Crypto tax rate in various countries 📈📈

Here is the amount of tax in different nations levied on crypto

Usa 🇺🇸

Selling crypto , mining rewards , airdrop rewards all are taxable in usa ( Tax rate is 0-37% )

🇮🇳 india

Selling , purchasing crypto Attracts a tds of 1% and all other donations , gifts etc in crypto attract 30% of tax

Italy 🇮🇹

if the porrfolio exceeds 2000 euros then 26% tax is applied on Crypto gains

Germany 🇩🇪

Germany has high rate of taxes in every category and so is with crypto and it applies a whopping tax of upto 46%

Uk 🇬🇧

united kingdom also applies tax as tax on capital gains the higher tax payers have to pay 20% and basic rate taxpayers have to pay 10% tax

#Tax #knowledge