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MyTrendingStories cryptocurrency world news: At least in the United States and Canada. Most people think that they only owe taxes on profits that were sold back to USD/CAD, when in fact, you owe taxes on every single trade you make – even crypto to crypto. The IRS and CRA view every trade as a realized gain or loss. Put simply, if you buy Ether with Bitcoin, they consider this a taxable event on a realized gain or loss. They assume that you sold Ethereum to USD, then purchased Bitcoin with USD, even though this is not what happened. Ignoring both tax implications and exchange fees will severely impact your overall cryptocurrency investment strategy.
Mytrendingstories latest business news: Talking a bit about the population of Phoenix, it is perfectly growing towards the newer numbers with the each passing day. By numbers, it is the fifth most populous city of United States, beating out the likes of other cities like San Francisco, Denver, Oklahoma and more others. The reason for this growing population is that people from different states of America have always chosen this city as their perfect living place. The local culture and life of the city is so alluring that people from all parts of America loves to visit it on the regular basis, in which some of them often makes it as their final residential place. From the start of 2000s, this particular reason has contributed a lot in the increasing of population in Phoenix, making it a much more diversified city in Arizona.
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