KoinX

Our Year-End Report for Indian Crypto Tax FY 2024–25 is now LIVE. We derived insights from ₹70,000+ Cr in user trading volume. Here Are The Key Highlights: 1) KoinX users alone paid ₹130+ Cr in crypto TDS (over 25% of India’s total). 2) ₹38.52 Cr was over-collected as TDS & had to be refunded to users. 3) Users made ₹2,861 Cr in profits. At 30% tax, that’s ~₹858 Cr in taxes. 4) With no loss adjustment allowed, users ended up owing ~ ₹1,170 Cr in tax. 5) ₹2,039 Cr of crypto losses got no tax relief at all. 1 in 5 traders tried futures, total losses (₹2,742 Cr) exceeded profits (₹2,492 Cr). 6) ₹51,252 Cr (nearly 72% of Indian crypto trading) moved offshore. 7) ₹208 Cr was earned without trading, via airdrops, staking, and rewards. Full Report👇 koinx.com/crypto-tax-ins…

In the UK: 1) Mining income: income tax up to 45%. 2) Staking income: income tax up to 45% (if earned as income, otherwise capital gains). 3) Airdrop income: income tax up to 45% (if earned as income, otherwise capital gains). 4) Lose those assets in a hack: Unclear. Possibly not deductible. Tax code was written before staking existed. Being applied to staking anyway. At koinx.com, we don’t pretend it makes sense, we help people navigate this.

🇩🇪 Germany: 48 hours can mean 45% → 0%. 🇮🇳 India: Timing doesn’t matter, it’s 30% either way.

*Invests in Crypto without knowing taxation* Where’s my Porsche?

@katyXBT People making profit in crypto, do you file your taxes?

Any advice on how to avoid losses in crypto?

@MarioNawfal Touch some grass crypto bros

🇯🇵A Japanese developer built an app that puts a fat cat on your screen and forces you to take a break Silicon Valley spent billions on wellness platforms, mindfulness subscriptions, and digital detox retreats A guy in Japan said: fat cat, problem solved

@Bitcoin_Teddy I'll bid $5.5 . Take it or leave it

YouTuber Logan Paul purchased this NFT for $635,000 in 2021. Today, it's worth $155.

@FabianoSolana I see some taxes on some coins ;)

One year ago you had $1,000 and these 11 choices Only one was the real winner (it's not BTC)

@gimjiho45912 To our South Korean folks: We're here to help you with your taxes

🚨Effective January 1, 2027, South Korea will classify income from trading or lending cryptocurrencies as other income. Profits over 2.5 million KRW per year will be subject to a 22% tax. South Korea is moving toward heavy taxation on crypto and U.S. stock investments, as the government seeks to impose punitive tax rates on all forms of non-labor income.

@nicrypto Let's see how it goes. This is worse than many countries

The Netherlands is introducing a 36% tax on unrealised investment gains - stocks, bonds and crypto. You owe 36% on paper profits even if you haven't sold. But that's not the worst part... You will still owe taxes on those assets EVEN IF they had fallen in value before the tax bill arrived. The Shopify CEO called it "the dumbest thing any government on planet earth is pursuing right now." He's not wrong.

@vader7x Do i get a bloomberg terminal?

Anyone want to be the ceo of Bloomberg

@Kalshi It comes with taxes in some regions ;)

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@Ledger Don't forget to file your crypto taxes, we're here to help them

gm. one piece of advice you'd give someone new to crypto. go 👇

@ToolySOL Use @koinx_global we don't judge

My financial advisor looking at my 560 Trades that made me $87

@tmknsm Some countries put taxes on the swap or encashment

Bitcoin NFC payment on Square, funded by USD balance over Lightning

Crypto is global. Crypto Taxes aren’t. What you keep depends on where you’re taxed, Not just what you earn.

@Chloe_XRPL Could be huge if true

🚨BULLISH FOR #XRPHolders Jason Smith (House Ways & Means Chair) says U.S. crypto tax legislation is at the “1-yard line”with markup coming soon🔥 This is the clarity the market has been waiting for: • De minimis relief • Clear staking rules • Smarter broker reporting $XRP sits right at the center of real-world finance rails. When tax clarity hits, capital doesn’t hesitate💯

@hugonism Big if true

Expecting a no tax on crypto profits in the US for x years .

@bigbrobenji In some countries you cannot even offset those losses :P

Wdym crypto tax report. I've lost everything

@pushpendrakum @PMOIndia Could be good if there's more regulation and accountability for Crypto taxation and the ecosystem

📁 1% TDS └📁 30% Tax └📁 No loss set off └📁 No banking support This is the worst crypto taxation ever. I would like to request @PMOIndia to reduce crypto high taxation #reducecryptotax

@5eniorDeveloper The confidence 🤪

Cuando solo tienes el mockup, pero el cliente insiste que quiere una demo...