Post
Topic
Board Bitcoin Discussion
Re: Do Bitcoins have Tax??
by
delliaerd
on 22/10/2016, 02:10:57 UTC
Nobody knows who transfer bitcoin to whom as it is anonymous so government can't force anyone to pay tax for bitcoin related transactions. So simply saying no bitcoin transactions aren't subjected to tax or can be taxed.
Are not true, and what about I always need paying a tax for the miners in every of my transaction, I think that's also including the tax.... the tax is not always be held by the government but the another parties or subject can be held a tax for us.


Lol. Yes obviously we need pay as a feed to miners. Who are helping us to transact the money via blocks. However I don't think it's wrong to pay this less fees instead of paying huge to Wu or PayPal.

What we are paying to miners is not a tax but it is the fee for their work. Tax is something you will pay for the government to support your country growth. I don't think as of now is their any tax for bitcoins unless you convert them into cash and withdraw to your bank account.
Cashing out coins to your bank account doesn't make any difference because of the fact that in most of the countries you have to pay tax over your coins no matter what.

Governments don't care what you do with your coins. Whether you have 10BTC that is valued at $6290 right now, or just that amount in money, it doesn't matter since Bitcoin is also money.

All your government cares about is that you pay tax according to what you own, trade, have sold, and the list goes on.
Yeah they don't care and they can't do anything when your bitcoin is still in your wallet, when you change it into fiat that is the time government going to taxed you, so if you don't change it to fiat then government can't tax you
The One best thing of bitcoin that I like is the anonimity, it is the advantage of using bitcoin. I think fee for minner is just the same as while we do a transactopn in bank but it is more lower fee. Blockchain is make a new system that make more dificulty to trace the history of transaction. So goverment still can not trace it and force bitcoin users to pay tax. Bitcoin is the best way to avoid tax by goverment. I think pay tax to minner is cheap enough, that is for their work. Although there is a tax like that in bitcoin, but bitcoin is still good to be a currency and an investment.