HanRiverWave
Sun Jun 09 2024
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6 answers
1018
Is crypto tax-free in Hong Kong?｜Unlike other countries, , so you don't pay taxes on profits from simply buying and selling cryptocurrencies. However, individuals who trade frequently are still subject to tax payments.Hong Kong has no capital gains tax on cryptocurrency
Is cryptocurrency tax-exempt in Hong Kong? Unlike numerous other countries, do Hong Kong residents enjoy the privilege of not paying taxes on profits derived solely from the purchase and sale of cryptocurrencies? While this may seem like a sweet deal, it's worth noting that individuals who engage in frequent trading activities may still be subject to tax obligations. So, does Hong Kong indeed offer a tax-free haven for crypto investors, or are there caveats to this apparent perk? Clarification on this matter would be greatly appreciated.
Caterina
Thu Jun 06 2024
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5 answers
1207
Is crypto taxable in Hong Kong?｜Unlike other countries, , so you don't pay taxes on profits from simply buying and selling cryptocurrencies. However, individuals who trade frequently are still subject to tax payments.Hong Kong has no capital gains tax on cryptocurrency
Could you please clarify for me if cryptocurrencies are taxable in Hong Kong? Unlike other nations, I've heard that Hong Kong doesn't levy taxes on profits generated solely from buying and selling digital currencies. But, are individuals who engage in frequent crypto trading still required to pay taxes? It's also mentioned that there's no capital gains tax on cryptocurrency in Hong Kong. Could you elaborate on this? Thank you for your assistance.
