Denmark Tax Council recommends bill to tax unrealized crypto gains

[Martin Everson]

Madness...

https://cointelegraph.com/news/denmark-propose-bill-to-tax-unrealised-crypto-gains

P.S And as always.....wait for it..............................get out of the EU while you still can damn_(

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[JohnLocke]

Denmark is already a tax nightmare of the worst kind, so it doesn’t surprise me‌ at all to see proposals aimed at making it 'fairer' to tax crypto traders.

Basically, if you earn a lot in Denmark, you can pretty much expect to pay 60%‍ of everything you earn to the state. That’s what most people do. You can decide⁠ for yourself if it’s worth living there and whether you can afford a good life⁤ in that tax hell.

 

[intlman]

The taxing of unrealized gains will be common‍ across much of the west within a decade (if the system survives until then).

As for leaving the EU.... I'm still trying hard to convince friends to leave the UK/EU....but⁠ it's sadly falling on deaf ears.... akin to the boiling frog analogy.