Quote from: dotajhay on December 27, 2016, 08:17:02 AM

Quote from: Jemzx00 on February 11, 2016, 03:40:17 PM

Since bitcoin is an internet currency that can be turn into a actual money. And Bitcoin too is known on Government but still government can't observe bitcoin that good. So I'm thinking if Bitcoin has tax??

Edit:
Now I know that bitcoin doesn't have tax but Transaction does..
Where do these Tax go?Government? And what kind of tax is it??

Bitcoin doesn't have a tax but it has a cashout fee depends on the website you invested like trading sites it has 5% to 10% fee when you get your money but dont have tax in the government, government not holding it because it is from the internet like internet stores that has no tax.

That's pretty normal dude, but the big difference is, in cash out fee it is fix regardless of the amount you will cash out but with tax, there's a bracket of taxation depending on your total income earned.