Many people in the crypto space have differing views on this subject, but I for one, am clear. Most crypto's can be defined in court as securities or assets, therefore, unless you can spoof the signing up processes (ID fraud) or evade the law via an expensive clever barrister, you are a fool to think you will be able to get away without paying tax on crypto at some point in the future.

Whilst I understand that one of the points that Crypto is to be decentralised and to 'screw over the system', the reality is we live in a world of civil and criminal law, and the power that the governments have at this stage is large. Be informed before deciding to rebel against something you can't really comprehend the power of;

So far, this is the best source (below) I have found for information, but as the author himself states, find a professional accountant with decent knowledge of the capital gains process and listen to their advice. Whilst the government may not have all the apparatus in place now to properly deal with this space, there is no way that the tax man in any country will allow anyone to make millions and not pay some towards the countries pot. After all, who doesn't want to contribute towards Dr's, Police, Fireman, the roads and health care improvements? = Social Parasites.

Whilst I am not naive enough to think that all monies paid into the Treasuries coffers are spent on legitimate projects, I think it is important as at some points in our lives, we travel on the roads, have our refuse collected, rely on Dr's or Nurses, or the emergency services to help our loved ones. I intend on paying Tax on my crypto and managed after some research to find some help out there calculating what seems to be the impossible, how do you keep tabs on every single fiat to crypto exchange? Every single trade, profit and loss? And every single withdrawal? See below for the answer - thank the good lord for API's!!!!