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RE: The Peoples Actions Will Determine Whether or Not Cryptocurrencies Are Successful
Had an update from a friend who consulted an accountant, locally, and the amount of capital gain declared will have 50% of that amount tax free. It worked in his case to drop him down to a lower tax bracket for the remaining 50% which was taxed at 30% instead of the 50% in the other tax bracket.
Just for clarification a bit....