Capital Gains Tax vs Tax-Loss Harvesting
Quick comparison to help you distinguish these two crypto terms.
Capital Gains Tax
beginner
fundamentals
A government tax applied to the profit earned when you sell or dispose of an asset, such as cryptocurrency, for more than its original purchase price.
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intermediate
strategy
A tax strategy where investors deliberately sell cryptocurrency at a loss to realise capital losses that offset capital gains, reducing overall tax liability for the year.
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