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RE: India considering 18% TAX RETROACTIVELY on Cryptocurrencies!
This goes to show that Cryptocurrency are starting to be accepted world wide as legal tender.
This goes to show that Cryptocurrency are starting to be accepted world wide as legal tender.
Maybe, but IMO taxing retroactively is not the way to go. Many people that had profits in July 2017 probably already spent the money the gained.
Taxing is necessary for more mainstream adoption, however taxing retroactively is not the correct way to go.