Hey
How do you calculate taxes on alt-coins bought and sold with Bitcoin? For example if i bought 10 bitcoins worth of Monero, and monero rose 10% and i decides to sell for that extra bitcoin, how does that become taxed? Furthermore if/when i decide to sell the 11 bitcoin i now have for fiat, how might that be taxed? Thank you in advance.
Miss spell here, well the fees is depends on the exchange service charge the transaction, usually it's not expensive you just to manage the profit, your current price - transaction fees = your profit. Exchange to fiat is same. No you don't need to pay tax, unless your country have been legalize bitcoin and asked for tax.
AFAIK monero is the one option to mixing the transaction, the government will hard to find it.