lol 

 I love these “unrealized gain” taxes. I wish for once they would explain how exactly it would work. All this is, is a scare tactic headline. 🙄 

 From what I've learned, Denmark already has this tax for traditional assets

https://i.nostr.build/iU43g765cZsrIhbm.png 

 Just like realized gains or losses, banks can report unrealized gains or losses in traditional assets that the banks hold themselves.

Similarly, they can do that with bitcoin or other crypto that the banks hold on custodial accounts. 

 Imagine moving there only in the bear market years 😂  

 🪦 

 Leave 

 Crypto exchanges can obviously report any crypto purchases and balances on custodial accounts to tax authorities, and that can be used as a basis for taxation.

But how do they imagine taxing those who have bought (KYC) crypto but that have been transferred to self custody?

They can only prove somebody has made the purchases, but not the ownership of the related addresses. Unless they go full authoritarian and just assume ownership and therefore tax liability.

In any case, they are plain thieves and despicable bullies. 

 "He suggested that new tax rules should establish a 'simpler' method for taxing crypto assets."

The simpliest way to tax is not to tax. 

 As if our taxes were not high enough already 

 Can they not just cross the border to Germany and pay 0% cap gains on bitcoin? 

 Welcome to fantasy land: trying to tax money that doesn't exist. 
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