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egman_ekki
63 days ago
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Crypto investors face tax crackdown as 70% non-com...
Denmark says hold my beer, as usual with taxes. Gains are taxed at 37-51%, as regular income. Losses can only be deducted at about 26%.
You can be in loss from crypto trading and still owe taxes in DK. Yay!
skeeter2020
63 days ago
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that's wild - I guess they (knowingly or not) really want to discourage speculative and volatile investments!
lifestyleguru
63 days ago
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How buying Novo Nordisk or Maersk is a volatile investment? It's to keep peasants away from capital markets.
egman_ekki
62 days ago
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This is only for Crypto. For stocks, it's even (but some instruments are taxed at every Dec 31st, even when unrealized).
lifestyleguru
63 days ago
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Why even bother making money at all?
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You can be in loss from crypto trading and still owe taxes in DK. Yay!