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DO YOU HAVE TO PAY TAXES ON CRYPTO?If you receive crypto as payment for business purposes, it is taxed as business income. If you successfully mine a cryptocurrency or are awarded it for work. When crypto is sold for profit, capital gains should be taxed as they would be on other assets. And purchases made with crypto should be subject. Retail transactions using Bitcoin, such as purchase or sale of goods, incur capital gains tax. Bitcoin mining businesses are subject to capital gains tax and.
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