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Mining crypto how to deal with the tax

studdlymurphy · 2021-03-31 14:52:24

Hi All, Im searching but cant seem to see, if it already here maybe someone can point me to it? Im setting up a mining rig but sure how to deal with the tax. if the rig earns about 10euro per day: Can I average that to a week or month or even quarter before paying the tax on the earning? How often do I need to pay the tax?…

Comments

#102 13-04-2021 9:55pm

Alkers

Registered Users, Registered Users 2 Posts: 6,868 ✭✭✭

Join Date: May 2004

Posts: 6460

How does it work for farmers with vegetables??? Is it not only income when they sell the potatoes or do they have to value the potatoes as soon as they are harvested and treat this as income?

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#103 13-04-2021 10:07pm

Nody

Moderators, Category Moderators, Arts Moderators, Business & Finance Moderators, Entertainment Moderators, Society & Culture Moderators Posts: 18,334 CMod ✭✭✭✭

Join Date: October 2006

Posts: 16362

Mod:
I'm cutting this short; JibJabWibWab you've spent three pages claiming everyone else are incorrect and provided exactly zero links to back up your view point while the other side have provided you with Revenue link as well as accounting firms who're paid to handle taxes telling you that you are wrong. Long standing boards policy is you need to back up your claims with facts; claiming someone is wrong does not do that. If you bring this style of argument to any other thread you will be forum banned for trolling.

OP; your question has been answered. Thread closed.

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This discussion has been closed.