This year, Chilean users of cryptocurrencies will have to pay taxes on transactions with digital money. CCN reported, citing a local source Criptonoticias.
The tax administration of Chile added in the form of Declaration of income section that is associated with scriptactive. The financial results from transactions with digital money are subject to income tax.
In addition, the local media said that in Chile the rapidly growing popularity of cryptocurrency. The latter are increasingly used for trading goods and services. This, in turn, attracts the attention of tax authorities, which are now more closely watching the activity of people using digital money.
Despite the desire of the authorities to broaden the tax base and increase revenues, the legal status of crypto-currencies in Chile is still not determined.
ForkLog previously reported that the Bulgarian tax authorities intend to carefully study the work of local cripture and the activity of their users.