The UK tax authorities have sent out 65,000 letters to individuals suspected of Crypto Assets tax evasion.

[The UK tax authority has sent 65,000 letters to individuals suspected of cryptocurrency tax evasion] According to the Financial Times, the UK tax authority has issued 65,000 so-called “demand letters” to individuals suspected of owing taxes on Crypto Assets, more than double the number from last year. In the UK, selling, exchanging, or consuming Crypto Assets usually generates capital gains tax, while staking rewards and airdrops are typically considered income.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)