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RE: US Tax Considerations – Tax Guidelines for Mining Cryptocurrencies (Bitcoin, Ethereum, STEEM, etc.)

in #tax7 years ago

Mining in UE is not considered yet as an activity to be taxed. In addition, as long as, you keep your crypto-currency in your crypto-account (without convert it in FIAT currency) there is no tax to be report.
I believe for US citizens, the life is harder, since it has been specifically defined that "mining" is an activity subject as taxable income.

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