What are the tax implications for non-US citizens trading cryptocurrencies on Robinhood?
garrilaDec 27, 2021 · 3 years ago1 answers
I am a non-US citizen and I have been trading cryptocurrencies on Robinhood. I would like to know what are the tax implications for me as a non-US citizen trading cryptocurrencies on Robinhood? Can you provide some information on how my trading activities on Robinhood will be taxed?
1 answers
- Dec 27, 2021 · 3 years agoAs a non-US citizen trading cryptocurrencies on Robinhood, it is important to be aware of the tax implications that may apply to your trading activities. While I cannot provide specific tax advice, I can offer some general information. In some countries, cryptocurrencies are considered taxable assets and any gains made from trading them may be subject to capital gains tax. However, the tax laws and regulations can vary greatly between countries, so it is crucial to consult with a tax professional or seek guidance from the relevant tax authorities in your country. They will be able to provide you with accurate and personalized advice based on your specific circumstances.
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