Anyone know what they're smoking over there in Denmark? 🇩🇰 Tell me you want to get rid of hodlers without telling me!
If there's an ounce of truth to this, P2P Bitcoin is going to look damn good right now! Those KYC sats are a target on your head
https://atlas21.com/denmark-proposal-for-taxation-on-unrealized-cryptocurrency-gains/
”Danish Tax Minister Rasmus Stoklund emphasized the need for clearer rules to avoid **unfair** taxation under the current regime.”
Unfair?
So, in this scheme, you would be liable for unrealized gains tax. To pay, you need to sell some assets. Then, you would also pay tax for actual realized gains for those assets when you sell.
Idiots.
Those who have KYC coins but have moved them to cold storage, have multiple addresses that can’t be proven to belong to the same person who purchased them on an exchange. The transactions may have gone to North Korea or anywhere.
So the question is, do they assume ownership regardless, and tax according to the purchases *only*?
If the coins remained on a KYC crypto exchange, they would have proof of ownership and then basis for their (absolutely unfair) taxation.
