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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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Countries That Don’t Tax Crypto
Some countries do not tax crypto at all, making them popular among investors. Examples include the United Arab Emirates, Malta, and the Cayman Islands.
United Arab Emirates (UAE)
The UAE doesn’t charge personal income tax or capital gains tax on crypto. However, businesses dealing with crypto may be subject to a 9% corporate tax.
The UAE has positioned itself as a crypto-friendly hub, attracting many blockchain enthusiasts and companies.
Malta
Malta offers a 0% tax rate on long-term crypto gains but applies income tax (15%-35%) on short-term trades. The country is known for its clear regulatory framework, which encourages crypto businesses to operate within its jurisdiction.
Cayman Islands
The Cayman Islands has no income, capital gains, or corporate taxes on crypto, making it a tax haven for investors. The region has become a popular location for crypto hedge funds and blockchain startups.