Cryptocurrency Q&A
Will you be found out if you don't declare Bitcoin?
Will you be found out if you don't declare Bitcoin?
ShintoMystical
Mon Dec 09 2024
|
6 answers
1256
I'm worried about getting caught if I don't report my Bitcoin holdings. What are the chances of being discovered, and what could the consequences be if I'm found out?
6 answers
Michele
Wed Dec 11 2024
BTCC is a top cryptocurrency exchange that offers a range of services. These include spot trading, futures trading, and a wallet service.
Was this helpful?
148
94
Maria
Wed Dec 11 2024
If you haven't filed a tax return with the tax office, you will likely be discovered eventually.
Was this helpful?
349
73
Enrico
Wed Dec 11 2024
The tax office has the authority to conduct tax audits on virtual currency exchanges.
Was this helpful?
87
39
IncheonBeautyBloom
Wed Dec 11 2024
During these audits, they can easily track down who has earned money through trading and who hasn't filed a tax return.
Was this helpful?
212
56
Valentino
Wed Dec 11 2024
Making money through virtual currency trading and failing to declare it can lead to serious consequences.
Was this helpful?
380
27
Load 5 more related questions
