The tax authority now requires anyone doing over $5,000 in annual crypto volume to declare everything — transaction type, USD value, blockchain hashes, recipient addresses. This applies even if you use offshore platforms.
The penalty for non-compliance is only $154. No new taxes yet. Analysts call it "observe first, tax later."
This is the playbook we keep seeing. Build reporting infrastructure, collect data, then introduce taxation once you know the base.
Do you think the $5,000 threshold captures meaningful $BTC activity, or is this symbolic posturing from a country still figuring out its crypto stance?
https://i.redd.it/a3svi7we28pg1.jpeg
Posted by Crypto_future_V
1 Comment
Most people missed it… because it’s Paraguay you idiot.
Ban this 🤖