Post
Topic
Board Legal
Re: Why are people so eager to pay tax?
by
kokjo
on 21/04/2013, 12:21:46 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, 
yup. but you don't have capital losses(unless you are stupid and bought at 266).