Study claims 99.5% of crypto investors did not pay taxes in 2022

Swedish crypto tax firm Divly has released a new report that estimates that only 0.53% of crypto investors globally paid tax on their crypto in 2022 — however tax experts have cast doubt on the figures and methodology. 

The Divly

Talwar emphasized that although the risk of non-compliance for crypto is comparatively higher than other asset classes, tax authorities in many countries have processes in place to obtain data from crypto exchanges.

He added that Koinly has seen awareness in crypto tax “increase considerably” amongst investors in these jurisdictions, with only “15% of surveyed crypto investors” being unaware of their crypto tax reporting duties.

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