Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Will Kill The Income Tax
by
RamBahadur.Gurung
on 05/10/2017, 09:15:55 UTC
Unfortunately, in my country you still have to pay taxes when you are cashing out your coins and also you cannot cash them all out you can only do in in a limit this way you have to pay a lot of taxes if you want to cash everything out.

That is, if you are going through the legal route. There are thousands of options out there to avoid taxes and it is up to you whether to use these methods or not. For example, you can order pre-paid Bitcoin debit cards from various service providers and withdraw fiat cash from the ATMs.