Eeshu PratapDec 25, 2021 · 3 years ago9 answersWhat are the tax consequences of using cryptocurrency for everyday purchases?
As cryptocurrencies become more widely accepted as a form of payment, many people are wondering about the tax implications of using them for everyday purchases. What are the potential tax consequences of using cryptocurrency for everyday transactions? How does the tax treatment differ from traditional fiat currency transactions? Are there any specific rules or regulations that individuals need to be aware of when using cryptocurrency for purchases?
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