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Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish tax administration recently clarified. The matter has been discussed on European […]
The post Poles Hit With Backdated Tax on Crypto Trades appeared first on Bitcoin News.
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Authorities in Poland have realized how inapplicable their decision to tax all crypto transactions really is. A high-ranking official from the Finance Ministry said in an interview that his department “accepts the irrational effect” of the tax it wanted to levy on every purchase and sale of cryptocurrency, regardless of their profitability. Other reports suggest […]
The post Poland Backpedals on “Irrational” Crypto Tax After Strong Backlash appeared first on Bitcoin News.
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Most people currently venturing into cryptocurrency may not know about some of the currencies which helped create this ecosystem. Peercoin is one of those currencies which a lot of people tend to forget about, even though it is still a thing. There are a lot of interesting features of Peercoin which people should be paying attention to, even in 2018. Peercoin in a nutshell One of the main reasons why people should pay attention to Peercoin is that it was the world’s first proof-of-stake currency. Even though thousands of clones have emerged since, PoS would not necessarily be as popular as it is rightPowered by WPeMatico