🚨📈 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