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And, as Bitcoin’s value has increased, so have your options for spending it. While you probably can’t use it at the grocery store or gas station, there’s a lot that you can buy with Bitcoin. It depends. It really depends on the criteria of the investor and there are many variables that go into answering that question. Nevertheless, for those interested in obtaining European citizenship, Portugal Golden Visa stands out in comparison to Spanish and Greek Golden Visas. You can find out more in our guide comparing Portugal vs Spain vs Greece Golden Visa Programs. US citizens are eligible to apply for the Portuguese Golden Visa. American Golden Visa applicants typically prefer to invest in a qualifying private equity or venture capital fund. 
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Heres your resource on which crypto transactions are taxable, which ones arent, tax rates on crypto, how you can save money on fees, and how the U.S. taxes lost or stolen crypto. Tax return season 2023:What to know before filing your taxes Sounds simple right? But before you jump the gun and consider yourself a professional crypto tax accountant, here are some things you should know about capital gains taxes to avoid any deadline day stress. Cryptoassets are not subject to GST when they are bought or sold, but do have GST implications when they are received as payment for normal business activities. Crypto is taxed as property by the IRS, which means that investors don’t pay taxes on their assets when they buy or hold them, only when they sell or exchange them. “It has to be transactional for there to be a tax,” says Jeremy Johnson, a Texas-based certified public accountant.