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RE: STEEM Rewards: Tax-Free Or Not? - A Total Nightmare In Sweden.
Nice @hitmeasap. In Brazil we need to pay 25% of profit that we have in cryptos. In that case your process of thinking is almost the same for us, but the only difference is that we need to pay in the conversion for BRL (Brazilian Real), which means I will need to pay for anything that I transform in fiat.
That sounds so much easier and more logical too. All these regulations and laws makes me shiver. They're old and needs a huge update.
For sure @hitmeasap, here in Brazil, until now, the government knows that you can't regulate something that was created to be unregulated. So that is why they try to regulate when the money becomes fiat, because fiat they can regulate and tax, but cryptos not.