tax

#Japan è davvero male quando si tratta del mercato delle criptovalute. Penso che siamo l'unico paese che deve pagare tasse sulle plusvalenze assurde sulle criptovalute (con aliquote che arrivano fino al 55%) - puoi immaginare che guadagni 1Mil ma poi il governo porterà via più della metà dei tuoi soldi. Quando perdi, il governo non supporterà nulla. non puoi detrarre... i
Il governo ha davvero bisogno di cambiare...
#Japan #仮想通貨 #tax

Cryptocurrency transactions, including trading, staking, and earning rewards, are taxable events in most countries. As tax season approaches, properly reporting your crypto activity is crucial to avoid penalties. Fortunately, exchanges like Binance provide tools to simplify the process.

Why Crypto Taxes Matter?

Every time you trade one crypto for another, sell crypto for fiat (like USD), or earn interest, you likely create a tax liability. Authorities are increasingly tracking crypto activity, making accurate reporting essential.

Using Binance’s Tax Reporting Tool

Binance offers a built-in Tax Reporting Tool to help users generate transaction summaries. Here’s how to use it:

Step 1: Access the Tool

Log into your Binance account. On the desktop site, click "Wallet" in the top menu, then select "Tax" from the dropdown.

Step 2: Generate Your Report

The tool dashboard will show an overview. Click "Generate Report." You can select the fiscal year (e.g., 2023) and your reporting country to apply relevant tax rules.

Step 3: Review & Download

Binance will compile your taxable transactions: trades, earnings, payments, and more. Once ready, you can download the report as a CSV or PDF file. This document summarizes your gains, losses, and income.

Important Tips for Crypto Tax Management

1. Keep Records: Use the Binance tool, but also maintain your own records of deposits, withdrawals, and external wallet transactions.
2. Understand Your Country’s Rules: Tax laws vary. Some countries have capital gains taxes, others have income-based taxes. Consult a tax professional if unsure.
3. Report All Income: Don’t forget non-trading activities like staking rewards, Binance Earn interest, or NFT purchases—these are often taxable.
4. Start Early: Don’t wait until the deadline. Gathering data takes time, especially if you use multiple wallets or exchanges.

Beyond Binance’s Tool

For complex portfolios across multiple platforms, consider dedicated crypto tax software (like Koinly, CoinTracker) that can integrate your Binance report with data from other sources.

Final Thought

While Binance’s tool provides a strong foundation, crypto taxation can be intricate. Use the generated report as a starting point, and seek expert advice to ensure full compliance. Staying organized and proactive is the key to a stress-free tax season.

Disclaimer: This article is for informational purposes only and does not constitute tax advice. Please consult a qualified tax professional for guidance specific to your situation.
#tax #BinanceSquareFamily

People buying cryptocurrency in the UK now need to share their account details or face penalties, in changes that came into effect on 1 January.
The move by the UK's tax body is designed to ensure they pay all relevant tax on buying and selling crypto, including capital gains tax.
HMRC will begin automatically collecting information on all users of cryptocurrency exchanges - which are effectively the industry's banks - in a bid to start collecting tens of millions in unpaid tax.
The change comes as the financial watchdog continues its consultation on tougher regulation for the industry, including measures to stop insider trading.
The value of Bitcoin, which is often seen as a barometer of the entire industry, surged from about $93,500 (£69,500) a coin at the start of 2025 to a high of nearly $124,500 before falling below $90,000 by the end of the year.
Investors who bought when the value was lower and sold when it was higher are in line to pay taxes, but authorities have historically struggled to collect it, says Dawn Register, a tax dispute resolution partner at accountancy firm BDO.
"HMRC has been concerned for some time about high levels of non-compliance among crypto investors," she says.
The new rules coming in will make it much harder for the crypto rich to hide any untaxed gains, giving the tax authorities much more information about crypto users and their transactions.
Cryptocurrency exchanges, which act like banks for the industry allowing people to exchange standard currency for virtual coins, must now ensure they automatically share up to date and accurate accounts of all their users' earnings.
If not, fines may be imposed.
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These Cryptoasset Reporting Framework (CARF) regulations are being implemented in dozens of other countries which will make international cooperation easier for tax authorities to share information.
HMRC estimates there could be many thousands of crypto owners in the UK with unpaid tax bills and hope the new rules will bring in at least £300m in the next five years.
Ms Register warns that anyone who made crypto gains in the 2024-25 financial year may have to file a tax return before 31 January, through a new dedicated section in the self-assessment form.
"HMRC is also looking to encourage voluntary disclosure where people have unpaid tax in earlier years and want to correct their affairs," she says.
"HMRC is running a disclosure facility where taxpayers can come clean on undeclared gains and unpaid tax prior to April 2024."
Meanwhile, the Financial Conduct Authority is running public consultation until 12 February on other proposed crypto rules, which include standards for crypto exchanges, new requirements to ensure brokers act responsibly, and rules around crypto lending and borrowing.
Commenting on the consultation last month, the authority's executive director for payments and digital finance David Geale said regulation was coming.
"Our goal is to have a regime that protects consumers, supports innovation and promotes trust. We welcome feedback to help us finalise these rules," he said.
With additional reporting from Joe Tidy
#Tax #USDT #Crypto #CryptoCurrency

Mentre tutti si lamentano delle nuove leggi fiscali del 2026, un piccolo gruppo di nigeriani sta costruendo silenziosamente le infrastrutture per diventare milionari da un giorno all'altro. La maggior parte delle persone vede una 'caccia alle streghe.' Io vedo la nascita del Mercato dei Capitali Internet. Ecco le mie previsioni per il 2026 e il piano per vincere alla grande mentre il branco è in panico.
Le seguenti sono le mie previsioni e riflessioni per il nuovo anno riguardo all'economia nigeriana. Quest'anno, una nuova nicchia nel settore finanziario esploderà a causa di queste leggi fiscali.

Molti investitori falliscono perché aspettano il momento "perfetto" per comprare o vendere. Ma la storia dimostra che essere pazienti è molto più gratificante che essere veloci.
Guarda il prezzo di $BNB il 1° gennaio nel corso degli anni:
2017: $0.15 (Pre-lancio/ICO)
2018: $8.50
2019: $6.20
2020: $13.70
2021: $37.40
2022: $511.90
2023: $246.302024: $311.602025: $605.202026 (Oggi): $857Se hai cercato di cronometrare il "picco" nel 2021, potresti aver panico durante il calo del 2022 e vendere tutto. Ma coloro che sono rimasti nel mercato stanno ora vedendo nuovi massimi.