Who invests in the futures market of crypto assets, just like investors in the futures stock market, decide to take high risks of losses with the aim of achieving large profits. Meanwhile, in all cases, it is necessary to keep up to date with commitments and tax obligations in order not to jeopardize earnings. Luis Fernando Cabral, accountant specialized in investment accounting, from Trader's Accountant, note that the speculation market does not exempt the investor from fulfilling tax obligations
The futures market in cryptocurrencies offers great opportunities, but, also, requires attention to taxation. Understanding how to correctly declare the profits from these operations is essential to avoid problems with the Federal Revenue Service, explain the counter. According to him, investors who buy and sell futures contracts, at some point they will need to measure, register, to file, generate the tax, this is, calculate and pay the tax and, finally declare to the Federal Revenue (RF). "This accounting environment is extremely important for ensuring that operations are up to date with the tax authorities".”
Very similar to asset trading on the Stock Exchange, the futures market for crypto assets is a segment in which the digital asset is bought or sold at a set price for a future date. Investors can both profit, if the price is correct, how much to have a loss, highlights the accountant. In this sense, keeping the accounting up to date contributes, inclusive, for the correct determination of the average purchase prices of the assets, important for obtaining results. "The investor cannot let a lack of knowledge about taxes compromise their earnings", say
In addition to accounting advisory, the investor in the futures market of cryptoassets can seek specialized consulting in order to analyze the market and make decisions. Especially because futures contracts for crypto assets can be used for investors to protect themselves from adverse price movements or even for speculation, in order to profit from market fluctuations. There are modalities and ways to work, but they all need fiscal and accounting security.”
