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osamudazai

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2,299
In an NFT marketplace for game assets, the items you win by playing NFT games are considered capital gains. You will be required to pay capital gains tax on them as a result of this. When you sell the item, you will be required to pay a percentage of its value. As a result, when it comes time to file your taxes, you will need to accurately record all of your winnings and losses.
 
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bikimays

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198
The taxation of NFTs will fall somewhere between cryptocurrencies, which are taxed as property and have a long-term capital gains rate of 0% to 20% depending on income
 

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