Cryptocurrency Capital Losses Can Be Reported to Reduce the Tax Bills – Willful and Non-Wilful …

Cryptocurrency Capital Losses Can Be Reported to Reduce the Tax Bills – Willful and Non-Wilful Tax Evasion

The tax rules applicable to different cryptocurrencies differ by countries. Investors need to check with their local tax professional in order to assess their own tax situation. Anyone who has incurred a taxable situation by being involved in the cryptocurrency market should report the cryptocurrency activity.