Swedish Trader Expects to Pay 300% of Crypto Profits to Tax Agency

According to local media, a Swedish cryptocurrency trader is anticipating receiving a tax bill of approximately $1 million after conducting approximately $2.9 million worth of trades across tens of thousands of transactions made since 2014. The trader claims that the tax bill will equate to 300 percent of the profits he has earned rather than 30 percent due to failing to report the price that he paid for his cryptocurrency.

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Original source
https://news.bitcoin.com/swedish-trader-expects-to-pay-300-of-crypto-profits-to-tax-agency/

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