John HDec 29, 2021 · 3 years ago6 answersWhat are the tax implications of using surplus funds from a business to invest in digital assets?
When a business has surplus funds, it may consider investing in digital assets such as cryptocurrencies. However, what are the tax implications of using surplus funds from a business to invest in digital assets? How does the tax system treat such investments? Are there any specific rules or regulations that need to be followed? What are the potential tax benefits or consequences for the business? How can the business ensure compliance with tax laws while investing in digital assets?
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