What are the tax implications of investing in the Aberdeen Standard Global Infrastructure Income Fund with cryptocurrencies?

5 answers

• May 06, 2022 · 3 years ago
  Investing in the Aberdeen Standard Global Infrastructure Income Fund with cryptocurrencies can have tax implications. In many countries, cryptocurrencies are treated as property for tax purposes. Therefore, when you invest in the fund using cryptocurrencies, you may trigger capital gains tax liabilities. It's important to consult with a tax professional to understand the specific tax rules and regulations in your jurisdiction.
  430

  215
• May 06, 2022 · 3 years ago
  When you invest in the Aberdeen Standard Global Infrastructure Income Fund with cryptocurrencies, you need to be aware of the potential tax implications. Cryptocurrencies are often subject to capital gains tax, and investing in the fund using cryptocurrencies may trigger taxable events. It's crucial to keep track of your cryptocurrency transactions and report them accurately to comply with tax regulations.
  409

  137
• May 06, 2022 · 3 years ago
  Investing in the Aberdeen Standard Global Infrastructure Income Fund with cryptocurrencies may have tax implications. It's important to note that I am not a tax professional, but generally speaking, when you sell or exchange cryptocurrencies, you may be subject to capital gains tax. However, the specific tax implications can vary depending on your jurisdiction. I recommend consulting with a tax advisor who specializes in cryptocurrency taxation for personalized advice.
  473

  119
• May 06, 2022 · 3 years ago
  As a third-party observer, I can say that investing in the Aberdeen Standard Global Infrastructure Income Fund with cryptocurrencies can potentially have tax implications. Cryptocurrencies are often treated as property for tax purposes, and any gains made from selling or exchanging cryptocurrencies may be subject to capital gains tax. It's advisable to consult with a tax professional to understand the specific tax rules and regulations in your country.
  456

  92
• May 06, 2022 · 3 years ago
  Investing in the Aberdeen Standard Global Infrastructure Income Fund with cryptocurrencies might have tax implications. Cryptocurrencies are often considered taxable assets, and any gains made from selling or exchanging them can be subject to capital gains tax. It's essential to keep accurate records of your cryptocurrency transactions and consult with a tax advisor to ensure compliance with tax laws in your jurisdiction.
  425

  71