The Danish Customs and Tax Administration Jan. 12 posted on-line Tax Council Binding Reply No. SKM2024.25.SR, explaining the tax therapy of cryptocurrency buying and selling, losses, and items. The taxpayer, a cryptocurrency dealer, thought of promoting his declare to the chapter property of the three buying and selling platforms to a 3rd celebration at 20 % of its face worth after dropping his deposits. The taxpayer sought clarification on the deductibility of losses, inclusion of features or losses within the earnings assertion, and the tax implications of declare dividend funds and items to kids. The Tax Council confirmed that: 1) underneath the State Tax Act, …