Post
Topic
Board Legal
Re: do i have to pay tax on bitcoins ?
by
darkangel11
on 18/12/2016, 00:01:07 UTC
I think bitcoin is not taxed because bitcoin is not a currency in certain countries only currency bitcoin in gital that facilitate the exchange of bitcoin to major currencies so no one should be disadvantaged from each other
It doesn't have to be a currency to be taxed. For instance the house you're living in (or a block of flats) is taxed.
Anyway, I agree that in most places you don't have to pay taxes on bitcoin as long as you don't have a registered business and don't buy fiat or expensive goods with it.