Quote from: BurtW on December 18, 2016, 02:56:57 AM

Perfect example of the total shit this forum has to deal with due to paid signatures.

The policy should be one warning then perm ban anyone with a paid signature. Ban ALL paid signatures.

First of all what does this post have to do with the topic? It should be in meta, not here. By saying "signatures are shit" in a topic about taxes you are spamming like the rest of them.
It has been repeated hundreds of times, not all signature posters spam and not all write for the sole purpose of getting paid.

Quote from: MartinL on December 18, 2016, 12:55:33 AM

Quote from: darkangel11 on December 18, 2016, 12:01:07 AM

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.

That's not the legal reality in most jurisdictions, just what people can often get away with.

So, what in your view should a bitcoin holder do? Calculate the price of his stashed coins each year and report a gain or loss depending on whether in the last 12 months bitcoin was pumped or dumped?
This would mean that if you own any jewelry you should do the same and report a gain or loss each year based on its value.