๐จ๐ Crypto tax rate in various countries ๐๐
Here is the amount of tax in different nations levied on crypto
Usa ๐บ๐ธ
Selling crypto , mining rewards , airdrop rewards all are taxable in usa ( Tax rate is 0-37% )
๐ฎ๐ณ india
Selling , purchasing crypto Attracts a tds of 1% and all other donations , gifts etc in crypto attract 30% of tax
Italy ๐ฎ๐น
if the porrfolio exceeds 2000 euros then 26% tax is applied on Crypto gains
Germany ๐ฉ๐ช
Germany has high rate of taxes in every category and so is with crypto and it applies a whopping tax of upto 46%
Uk ๐ฌ๐ง
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