Revenue Administration (Gib) clarified the allegations that some crypto currency investors who came to the bank accounts of the bank accounts were considered as rent income. The Presidency is for informational purposes to taxpayers SMS He said that he was sent but some transactions were caused by incorrect notifications. In this context, it was emphasized that the transfers, which appear to be income as rent income, did not constitute an obligation for investors.
Banks’ incorrect notifications misleaded taxpayers
LikeIncome tax declaration period will start on March 1 rental income declarationHe sent SMSs to inform the taxpayers to be present. However, these messages only apply to people who really earn rent income.
Bank TransfersSome payments were recorded as lease income due to the wrong category of sender or incorrect notifications of the banks. Crypto currency It was found that the payments of some investors who purchase and selling to bank accounts were also reported as a rental income. Gib said that these errors were examined and that taxpayers should not be worried about unnecessary concerns.
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People who receive such faulty SMS and who do not actually earn rent income do not need to submit any declaration. Taxpayers should make a statement only if they really generate rent income.
Attention on tax declarations in crypto currency transactions
IOP’S taxpayersWhat is regularly sending information messages every year during the declaration period. Investors who do not have taxpayers and operate in the crypto money market should be sure that they mark the right transfer option during bank transactions so that they do not receive such SMSs.
On the other hand Crypto Money TransactionsHe reminded that the official legislation should be complied with whether the earnings obtained from the tax are subject to tax. However, it should be noted that only one money transfer is notified by the bank as a rental income automatically.
In this direction, to prevent misunderstandings about tax Bank TransfersThe right category should be selected. In addition, it is important to contact the relevant bank or tax administration in order to correct false notifications.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
