Belarus legalizes cryptocurrency tax free

belarus legalizes cryptocurrency tax free

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Sign Up for Our Newsletter. Today saw the president sign Belarus will soon be offering remain tax-free until Bekarus.

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The decree legalizes initial coin offerings and transactions in cryptocurrencies, including their exchange for traditional currencies on. Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, All trades will be tax-free for the next five years. It also allows local IT companies to operate in part under English law, a bonus to potential foreign.
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  • belarus legalizes cryptocurrency tax free
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    calendar_month 10.09.2021
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No income tax for individual investors. Still, before you make any relocation plans to no crypto tax countries, you should speak to a tax professional and legal advisor who will guide you better and inform you about the latest regulations. In this small Eurasian country, cryptocurrency is not classified as a currency or commodity for tax purposes. So while the goods or services are taxed, your crypto token is not.