Post
Topic
Board Bitcoin Discussion
Re: Do Bitcoins have Tax??
by
roadbits
on 31/12/2016, 01:17:50 UTC
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??
if you talking about tax in the country it goes in the goverment to develop the country
but in bitcoin the tax is the transaction fee and it goes to miner

Yes Bitcoin don't have any personal tax When we sell or buy bitcoin from any company they charge some percentage in the name of transaction tax. But it will not go government it will go to the company account. I have one doubt we will buy coins in online so we send money to the company account, The company how they show this transaction to the government I don't know. Because if Bitcoin involves means it's illegal transaction. I don't know how this process will work.