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How does Revolut handle cryptocurrency taxes?

avatarVincent31Dec 28, 2021 · 3 years ago3 answers

Can you explain how Revolut handles taxes on cryptocurrency transactions? I'm curious to know if they provide any tax reporting tools or if users are responsible for calculating and reporting their own taxes.

How does Revolut handle cryptocurrency taxes?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Revolut does not provide tax advice or tax reporting tools for cryptocurrency transactions. It is the responsibility of the user to calculate and report their own taxes based on their cryptocurrency activities. It is recommended to consult with a tax professional for accurate guidance on cryptocurrency tax reporting.
  • avatarDec 28, 2021 · 3 years ago
    Revolut handles cryptocurrency taxes by not providing any specific tax reporting tools. Users are responsible for calculating and reporting their own taxes based on their cryptocurrency transactions. It's important to keep track of all cryptocurrency activities and consult with a tax professional for accurate tax reporting.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the field, I can tell you that Revolut does not handle cryptocurrency taxes directly. They do not provide any tax reporting tools for cryptocurrency transactions. Users are responsible for calculating and reporting their own taxes based on their cryptocurrency activities. It's always a good idea to consult with a tax professional to ensure accurate tax reporting.