Libra Could Pose Tax Challenges In Europe
PYMNTS
JULY 1, 2019
With the idea of pegging Libra’s value to a basket of international currencies, Facebook ’s proposed cryptocurrency would bring tax challenges to European users, per tax lawyers. However, the tax would only be payable in the event that total capital gains are more than the annual capital gains tax exemption of £12,000.
Let's personalize your content