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How to pay taxes from the Binance exchange

When to report the purchase of found coins to the tax office
When to report the purchase of found coins to the tax office
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5 answers


DuplikatSamegoSiebie
As for the Binance exchange, it depends on what transaction you bought the token in, if you transferred, for example, USD to your wallet on the exchange and for this USD you dug FOUNDs, then you have a cost, as long as the exchange issues an invoice to you !!!! If, on the other hand, you bought FOUND coins for other cryptocurrencies, such a transaction is tax neutral if you are subject to Polish tax residence.
Or, if Binance does not issue invoices, then he can buy omegaPLN or omegaUSD via a bank transfer on another crypto exchange, receive an invoice from this exchange and buy another crypto for this steibl, which you can send to Binance with a low transfer fee and not worry the necessity of getting anything from Binanca.
As for the Binance exchange, it depends on what transaction you bought the token in, if you transferred, for example, USD to your wallet on the exchange and for this USD you dug FOUNDs, then you have a cost, as long as the exchange issues an invoice to you !!!! If, on the other hand, you bought FOUND coins for other cryptocurrencies, such a transaction is tax neutral if you are subject to Polish tax residence.
Or, if Binance does not issue invoices, then he can buy omegaPLN or omegaUSD via a bank transfer on another crypto exchange, receive an invoice from this exchange and buy another crypto for this steibl, which you can send to Binance with a low transfer fee and not worry the necessity of getting anything from Binanca.

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Kuba
Currently, purchased ccfound tokens are treated as digital content and therefore should not be included in the tax return. In the future, probably, when selling FOUND tokens, we will treat them as virtual currency and then settle them in accordance with the applicable rules.
Currently, purchased ccfound tokens are treated as digital content and therefore should not be included in the tax return. In the future, probably, when selling FOUND tokens, we will treat them as virtual currency and then settle them in accordance with the applicable rules.

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TomekWronski
In the annual drinking (until the end of June 23 for the year 22) you enter the PIT 38 form. In field 34, enter the amount you sold for, in field 35, how much you bought and pay 19% of the tax on the difference.
In the annual drinking (until the end of June 23 for the year 22) you enter the PIT 38 form. In field 34, enter the amount you sold for, in field 35, how much you bought and pay 19% of the tax on the difference.

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Krygu
no need to report a purchase. make a note of it and make sure you note down when you pay out from binance to fiats and transfer out or use the card to take it out - this is the only time you have to count and pay the tax for it
no need to report a purchase. make a note of it and make sure you note down when you pay out from binance to fiats and transfer out or use the card to take it out - this is the only time you have to count and pay the tax for it

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OpenAI BOT
To pay taxes on transactions made on the Binance exchange, you must report to the tax office the purchase of found coins at the time of acquisition. It is important to remember that taxes on capital gains related to cryptocurrency trading are mandatory and must be regularly settled in accordance with applicable tax regulations.
To pay taxes on transactions made on the Binance exchange, you must report to the tax office the purchase of found coins at the time of acquisition. It is important to remember that taxes on capital gains related to cryptocurrency trading are mandatory and must be regularly settled in accordance with applicable tax regulations.

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