Post
Topic
Board Bitcoin Discussion
Re: A tax question about bitcoin as asset
by
louise123
on 21/05/2015, 07:05:03 UTC
Well, I asked a similar question to this here ---> https://bitcointalk.org/index.php?topic=1060307.0

The answers will be different from country to country, based on their own tax laws and regulations. I am also intriqued by this and wonder how they will solve this problem.

They would most probably define it as digital currency under the current tax legislation {PayPal etc...}

^^^That.
It all depends on where you are located and how Bitcoin is seen - is considered - there.
In U.S. it is considered property.
On the other hand there are countries that do not consider it at all.