Caterina
Sat Jun 08 2024
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7 answers
1826
Is crypto taxed in UAE?｜Unlike many countries, . This means you pay no taxes on your crypto gains and income.Dubai does not impose capital gains or personal income tax on crypto holdings
Could you please elaborate on the taxation policies surrounding cryptocurrencies in the United Arab Emirates? I've heard that unlike numerous other nations, the UAE doesn't tax crypto gains or income. Is this accurate? And if so, does Dubai specifically follow this non-taxation approach towards capital gains and personal income derived from crypto holdings? I'm interested in understanding the specific details of this tax exemption.
CryptoChampion
Sat Jun 08 2024
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6 answers
1092
How does IRS know if you own crypto?｜1. Can the IRS track crypto? Yes, the IRS can track crypto as . Also, in recent years, several exchanges have received several subpoenas directing them to reveal some of the user accounts.the agency has ordered crypto exchanges and trading platforms to report tax forms such as 1099-B and 1099-K to them
How does the IRS become aware of individuals' ownership of cryptocurrencies? Could the IRS actually trace these crypto holdings? The answer is indeed affirmative. The IRS possesses the means to track cryptocurrencies, primarily through tax filings and information provided by exchanges. In recent times, numerous crypto exchanges have been served with subpoenas, compelling them to disclose details of certain user accounts. Furthermore, the IRS has issued directives to crypto exchanges and trading platforms, instructing them to submit tax forms such as 1099-B and 1099-K, which provide insights into transactions and taxable events related to cryptocurrencies. Given this, it's evident that the IRS has mechanisms to detect and monitor crypto ownership.
charlotte_wilson_coder
Sat Jun 08 2024
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6 answers
1161
Can I get permanent residency in Spain if I buy a house?｜Can you get Spanish residency by buying a house? . If you purchase a property in Spain that is valued at €500,000 or more, you can apply for a Golden Visa.Yes , it is possible to obtain Spanish residency by buying a house in Spain, but it is not automatic
Could you please clarify for me, is it feasible to attain permanent residency in Spain solely by purchasing a property? I've heard rumors that investing in real estate valued at or exceeding €500,000 might lead to a Golden Visa. However, I'm also aware that such a process isn't straightforward. Could you elaborate on the conditions and steps involved in this process? Is it truly possible to secure Spanish residency through property purchase, or are there additional criteria that must be met? Thank you for your assistance in clarifying this matter.
HanRiverVisionaryWaveWatcher
Sat Jun 08 2024
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5 answers
1100
Can a Canadian open a Coinbase account?｜Based on your answers, you'll either be able to access the full Coinbase platform in Canada (potentially subject to net purchase limits) or, if your answers suggest that you have limited crypto investing experience or risk tolerance, you may continue opening your account, but you will have a net purchase limit of $1000 ...
Could you kindly elaborate on the conditions for a Canadian to open a Coinbase account? I'm particularly interested in understanding the scenarios where a Canadian might have full access to the Coinbase platform with potential net purchase limits, and also the circumstances where limited crypto investing experience or risk tolerance might result in a net purchase limit of $1000. Would it be possible to provide some examples or further clarification on these points? Thank you for your assistance.
Leonardo
Sat Jun 08 2024
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5 answers
1005
Is Bitcoin acceptable in Korea?
Could you please elaborate on the acceptance of Bitcoin in Korea? I'm curious to know if businesses and individuals in the country widely adopt it as a payment method. Additionally, are there any legal regulations or policies surrounding the use of Bitcoin in Korea that I should be aware of? Also, do Korean banks and financial institutions allow transactions involving Bitcoin? Lastly, how has the attitude of the Korean government towards Bitcoin evolved over time? Thank you for your insights on this matter.
