<p><span style="color: #4e4b48; font-family: 'Noto Sans KR', sans-serif; font-size: 18px; background-color: #f5f5f5;">The transition period for the United Kingdom&rsquo;s withdrawal from the EU ended. This means that the UK is now formally a third country and EU law no longer applies there.</span></p>

Virtual currency transactions are taxable by law just like transactions in any other property. Taxpa

What is Virtual Currency?

US Tax, UK Tax, 1040, Form 2555 (Foreign Earned Income Exclusion), Form 1116 (Foreign Tax Credit), Form 5471 (Information Return for Controlled Foreign Corporations), Form 3520 (Annual Return to Report Transactions with Foreign Trusts), FBAR (Report of Foreign Bank and Financial Accounts), Form 8938 (Statement of Specified Foreign Financial Assets),

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