UK to fine cryptocurrency users for unpaid taxes
The British government on Wednesday urged cryptocurrency users to voluntarily disclose any unpaid capital gains or income tax to avoid penalties, and released guidelines on how to pay these taxes. Tax disclosures should reflect capital gains or income from transaction tokens such as Bitcoin (BTC), non-fungible tokens (NFTs), and utility tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BABYSHARK releases video hinting at partnership with world-renowned IP company Pinkfong
A whale sold 85 billion PEPE an hour ago, with a total loss of $1.74 million
AI mainstream tokens continue to fall, SWARMS and AI16Z both fell by more than 20% in 24 hours
Trending news
MoreCrypto prices
More
