Post
Topic
Board Legal
Re: Why are people so eager to pay tax?
by
Bitcoinpro
on 21/04/2013, 12:20:02 UTC
no one is avoiding paying taxes, bitcoin is a global currency its called a totally new concept
that does not matter in tax laws... if i have a capital gain from bitcoin, i would have to pay taxes. it does not matter if im exchanging them back into fiat: i still had a gain.

if its claimed as capital gains then it can be claimed as capital losses with the similar tax deductions,