๐ Crypto Tax Rates Around the World ๐ธ
Ever wondered how different countries treat crypto taxes? ๐ค Let's take a look ๐:
-UAE ๐ฆ๐ช: 0% tax ๐คฉ
- Singapore ๐ธ๐ฌ: 0% tax ๐
- Germany ๐ฉ๐ช: 0% tax if held for more than 1 year โฐ
- India ๐ฎ๐ณ: 30% tax + 1% TDS ๐ฌ
India's Crypto Tax Regime*๐งพ
- High Tax Rates: India's tax rates on crypto are quite high compared to other countries ๐.
- Impact on Investors: This could potentially discourage investors and hinder the growth of the crypto market in India ๐ซ.
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