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Denmark to Consider Unrealized Cryptocurrency Gains Tax Next Year

The new bill is expected to be presented to the Danish Parliament in early 2025, with the country's Tax Law Council recommending that the rules should not be implemented before January 1, 2026, at the earliest.

https://www.nobsbitcoin.com/denmark-to-consider-unrealized-cryptocurrency-gains-tax-next-year/

Ken Lazer 1y ago

I love these “unrealized gain” taxes. I wish for once they would explain how exactly it would work. All this is, is a scare tactic headline. 🙄

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Discussion

EZ 1y ago

From what I've learned, Denmark already has this tax for traditional assets

neutron 1y ago

Just like realized gains or losses, banks can report unrealized gains or losses in traditional assets that the banks hold themselves.

Similarly, they can do that with bitcoin or other crypto that the banks hold on custodial accounts.

Aron 1y ago

Imagine moving there only in the bear market years 😂