Question is basically in the title, from my understanding if you make profits on trades that you have held for less than a year there is a flat 25% capital gains tax rate, and for anything you have held over a year it is 15% flat.
Is this the only tax that would be needed to be paid on this? Does the total amount that you "cashed out" also count towards your income for that year, which is then taxed again?
Thanks for the input!
Submitted April 30, 2017 at 10:28PM by anythinggo3s http://ift.tt/2qn20op
