Bitstamp has to pay tax

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And the proof is in simple online trading platform bitstamp. This platform has a basic trading is the same across.

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Do I Have To Pay Tax For Side Hustle?
In general, you must pay either capital gains tax or income tax on your cryptocurrency transactions on Bitstamp. Do I have to pay taxes on. Yes. In the UK, your transactions on Bitstamp or other platforms are subject to capital gains tax and ordinary income tax. If you've earned or disposed. When you buy crypto on Bitstamp, it is a purchase of a CGT asset for tax purposes. Whenever you purchase a CGT asset you must record and track the cost base.

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Cryptocurrency exchanges around the world are starting to report more and more information to government agencies. Log in Sign Up. The tax deadline for individual taxpayers is 31 October. CoinLedger integrates with Bitstamp and dozens of other wallets, blockchains, and cryptocurrency exchanges to automate the entire crypto tax reporting process. Crypto tax is complex, so having software that is user-friendly and intuitive will be a big help.