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Information Finland Has found that thousands of Bitcoin traders need to taxes - Bitcoin news


Title :  Finland Has found that thousands of Bitcoin traders need to taxes - Bitcoin news
Lasting :   6,25
User :  Yozshugal
Date of publication :   2019-08-01
Views :   185
Liked :   593
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Frames Finland Has found that thousands of Bitcoin traders need to taxes - Bitcoin news





Description Finland Has found that thousands of Bitcoin traders need to taxes - Bitcoin news

The Finnish government has revealed, the number of taxpayers to tax bitcoin income. The country’tax administration, which claims, " for the artists, the different possibilities of the combination of information and identification of persons,” the cost of the crypto is useful, for now and for the artists, more than ten times more than last year.”

Also read: Russian Control bill to limit Crypto data Mining, payments, and tokens that you Sell

Most of the Finns Have Not Paid the tax on the profits of Crypto

Most of the Finns have not declared income for the country’tax office of the sale of cryptocurrencies in previous years, the Kauppalehti newspaper reported last week. This year for the artist, the profits from the Finnish home of cryptocurrencies, there were more than ten times more than last year,” the new outlet is added.

Senior advisor to the tax administration’s firm as the unit of taxation, thyme Puiro, you can find here:

Most of the people are already failed, in terms of its bitcoin and income, we found, when we compare the information we collect to the tax information&welcome to attend;The tax administration has broad access to information, for example, for the payment of the information, and there is to identify different possibilities of the combination of information and people.

The U-Bahn.fi developed &given to artists: the tax office, broad access to Bank transfers and other data, the identification of individual persons. If you are the transfers, it is obvious that in the past, most of the citizens have reported that the profits with virtual coins.”

Finland, with its cold and low cost of nuclear energy, not foreign to bitcoin mining. Both Bitfury and deceased Kncminer, the mining industry of the country. Today, many small businesses are in the mining still there. Other established crypto-companies are also in the country, such as local bitcoins and Nordic leader bitcoin brokers Prasos.

The Service fee is of EUR 30 million in the hole

This is not the first time Puiro identification number income is not declared, this Finns. In December of last year, said that the government had an analysis of your portfolio in bitcoin for this purpose.

and for the artists: "We analyzed more than 10, 000 portfolios of bitcoin in the course of several years and in more than 500 cases, we are not predisposed to declared income,” he stressed, at the time, adding that &for the artist, Finland’tax administration has identified bitcoin as a ‘high-risk areas, concentration’, and is ready for a diversion of resources, to ensure that nothing falls through the cracks,” Bloomberg said, describing him.

In addition, Puiro said that “ in the google analytics bitcoin, the Finland in a leading position, and we consulted extensively with the relevant authorities of other countries.”

While only 500 people were identified. December, Kauppalehti tax-administration-Office-opening in the last week that refer to 3,300 individuals have been identified as the cause of fees for crypto-operations, and adds:

The profit of a total of around 3 ' 300 persons to be identified of approximately 100 million euros, so that the taxpayer’ would be a part of the plate is approximately 30 million euros.

and for the artist;Bitcoin gains are taxed as income from capital assets in Finland&welcome;they are so Railways are treated as dividends, rental, or other income equal” u -.fi-he explained. and for the artist;The tax rate for income from capital in Finland, 30% (in 2018) for an amount of EUR 30 000 and 34% surplus,” added the release.

Puiro also said last week that he hoped that those who have a profit in cryptocurrencies voluntarily declare the income to the tax administration. He stressed that, if the taxpayer failed to report income for cryptocurrencies, &for the artist;can be meets the test of criminal tax fraud.”

What are you, Finland’method for the identification of crypto-traders think they have to pay taxes? Please let us know in the comments below.



Comments Finland Has found that thousands of Bitcoin traders need to taxes - Bitcoin news



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