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UK Offers Foreign Crypto Investors Tax Break

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UK Offers Foreign Crypto Investors Tax Break

Reading Time: 2 minutes The UK has expanded its Investment Manager Exemption rule to include cryptocurrencies The expansion allows foreign crypto buyers to avoid UK taxation by using British asset managers The move is the first notable step by Prime Minister Rishi Sunak to make the UK a crypto hub The UK has offered a tax exemption for foreign investors purchasing crypto through British investment managers or brokers as part of the region’s push to become a crypto hub…
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