Cryptocurrency application is attracting many stakeholders and one of the first concerns is with the broker used for the transaction. You should not indicate a specific broker, but an expert can give you some tips on how to choose better even because our Central Bank issued a Communiqué number. With IOTA Kurs you can have the best choices now.
Textually the first warning is that these currencies are neither issued nor guaranteed by any monetary authority, so they are not guaranteed to be converted into sovereign currencies, nor are they backed by real assets of any kind, and the entire risk remains with the holders. And particularly about brokerages, the text says that they are not regulated, authorized or supervised by the Central Bank.
In the legal and regulatory framework related to the National Financial System, there is no specific provision on virtual currencies. The theme draws attention because the volume traded around the world is billions of dollars daily, according to a recent study it is the seventh country with the most virtual currency brokers in the world, although trading volume is low. Some tips for choosing brokers.
Trading rate, how much the currency of interest is being traded,
Deposit and redemption fees,
Broker data, internet search,
The volume of customer support, transaction response time,
Available deposit and withdrawal banks,
Broker security type.
An expert understands that there is a tax exemption for social security retirement benefits due to serious illness and that this exemption extends to a benefit received from private pension to supplement retirement. Now the question is that if a worker in the situation mentioned and who opted for the regressive tax regime in the private pension plan of the company in which he works, will also benefit from the tax exemption on the social security values of the company?
The tax exemption does not apply to the receipt of social security benefits in the case of the regressive tax regime that is definitive and exclusive at the source. This understanding is obtained by the various manifestations in the General Coordination of Taxation of the IRS.
Persons with a serious illness are exempt from tax on retirement income, regardless of the form adopted lump sum, installments or monthly income, retirement or pension received from Private Pension Entity, Individual Programmed Retirement Fund or Free Benefit Generator Program.
However, the amounts received as redemption, as long as the contractual conditions for receiving the benefit are not met, as it does not constitute a retirement supplement, are subject to income tax even in the case of severe illness. As well as in the case of investment-derived financial gain there is no legal provision for exemption. As VGBL is an insurance product with characteristics of a pension plan, its income is subject to income tax, at source and in the annual adjustment statement, even if the beneficiary has a serious illness.
Virtual Currencies also have known as cryptocurrencies are here to stay. Not worth ignoring. For this reason, it is time to learn how to trade cryptocurrencies so you can benefit from the current trend. Follow the steps outlined in the article and get started today.