Quote from: MiF on September 13, 2017, 02:39:05 AM

Quote from: wawan99 on September 13, 2017, 12:26:17 AM

in your country income from bitcoin taxed? state the country

Here in the Philippines, our goverment did not declare bitcoin as a legal or illegal so there is no tax to be impose yet because maybe i think at this time bitcoin is not really known in my country. Here in office alone very few of us are engage to bitcoin maybe it needs two to three years more that bitcoin popularity will arise so that the goverment can possibly benefit to thru tax.

Indeed. Bitcoin is not that common here in our country. The tax system has undergone major changes as of this year. Bitcoin isn't defined yet. Therefore, bitcoin is not YET taxed. I said YET because time will come, Bitcoin will start to become existent in this country. Same holds through with online stores, which are becoming rampant nowadays. That's why as early as now, many people can still benefit from bitcoins without worrying of being taxed by the government.