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Home Blockchain

Denmark to Tax Crypto Unrealized Gains Starting 2026

by DigestWire member
October 24, 2024
in Blockchain, Crypto Market, Cryptocurrency
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Denmark to Tax Crypto Unrealized Gains Starting 2026
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U.S. Senate Proposes 1% Tax On BTC Holdings Over $500K To Align Crypto With National Tax Regulations?

The post Denmark to Tax Crypto Unrealized Gains Starting 2026 appeared first on Coinpedia Fintech News

Denmark is set to introduce a groundbreaking 42% tax on unrealized cryptocurrency gains beginning January 1, 2026. The tax will apply to assets like Bitcoin, including those acquired as far back as 2009. This move aims to treat cryptocurrencies like traditional investment assets, such as stocks and bonds. The new rules will also include additional regulations, requiring crypto service providers to report customer transactions. The Danish government plans to exchange crypto investor data internationally in 2027, targeting tax evasion among Denmark’s 300,000 crypto holders.

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