4bdelhaDec 26, 2021 · 3 years ago3 answers How does the new york state capital gains tax rate affect the profitability of cryptocurrency trading?
What is the impact of the new york state capital gains tax rate on the profitability of cryptocurrency trading? How does it affect the overall returns and potential gains for cryptocurrency traders in New York? Does this tax rate discourage cryptocurrency trading in the state? Are there any strategies or loopholes that traders can use to minimize the impact of this tax rate?