Crypto tax situation-estimation

[bitman007]

Just for knowledge share your opinion so many of use can learn more .

==>> How's your crypto tax situation-estimation?

[adressent]

I voted  

 

I have a transaction and it takes a fee when I send Crypto to someone. Is it a tax or is it just a transaction fee?

[Kate]

10 minutes ago, adressent said:

I voted  

 

I have a transaction and it takes a fee when I send Crypto to someone. Is it a tax or is it just a transaction fee?

It's just the transaction fee no tax is taken. For a transaction to get confirmed its needs a miner who in turn gets the fee you paid for confirming the transaction.

[williamshennie9]

I think that the way tax is written and tracked will have to be re-thought with cryptos, since it will be very difficult for tax collectors to find out how many coins you have, your profits with the coins etc. since coins are kept in an anonymous wallet, not linked to your name, or surname.