Crypto Revolt – Do I have to pay taxes?

Crypto Revolt is a provider that you can use to trade currencies such as bitcoin on the internet. Bitcoin is a so-called cryptocurrency and can only be traded in this way.

You can only pay with Bitcoin at a few places that accept it as a currency. If you have perhaps noticed how high the value of the Bitcoin has become, it seems very interesting to make an investment in this currency.

If you are lucky, you can earn a lot of money here. But this also applies to other currencies that are traded here. Even if most people only know Bitcoin and want to trade it, there are also other currencies that you can buy.

These currencies are particularly interesting because you don’t yet know where they will develop. The risk here is of course significantly higher, but with luck you can also catch the right currency that can suddenly record an extreme increase.

If this is the case, you may no longer have any money worries in your life. So if you want to try your luck here, Crypto Revolt is a good partner to do just that.

If you succeed and make a lot of money, however, you also have to be aware that the profits you make in this way have to be taxed. This is especially important here in Germany, that you don’t make any mistakes in the process.

How can you profit from Crypto Revolt?

Step 1: Click on the link to go to the official website of Crypto Revolt.
Step 2: Fill out the form to get a FREE licence to trade.
Step 3: Follow the instructions on the platform to profit from bitcoin fast!

From when do you have to pay tax on the profits of Crypto Revolt?

You only have to pay tax on the profits from a sum of 600 euros. The calendar year is always taken into account here. So if the winnings in this period are over 600 euros, one has to deal with the taxes even more than before.

If the winnings are below this limit, you do not have to pay taxes, but you still have to pay attention to a few things. For example, you still have to declare the profits in your tax return, even if they are below 600 euros.

 

Crypto Revolt - Do I have to pay taxes?

How is the profit calculated?

As described above, the profit is calculated on a calendar year. In order to find out how high the profit is in the end, the sum of the payouts is offset against the sum of the deposits.

If you see a positive number, this is the profit that has to be declared in the tax return. If you want to have a profit paid out to your account towards the end of the year, you can think twice.

If you wait a little longer and make the payment in the coming year, the profit in the current year does not count. In this way, you can prevent yourself from exceeding the 600 euro limit, for example.

Nevertheless, the profit will still appear on your tax return in the coming year.

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