Quote from: gunungkembar on October 17, 2017, 11:19:23 AM

Quote from: Beerwizzard on July 15, 2017, 07:08:15 AM

I've heared that in some countries people have to pay the income tax after buying fiat for their bitcoins. Anyone faced such problem? If yes then how you deal with it in your country?
At one point of view bitcoin is an instrument for investment so ppl buy it willing to get income in their currency.
At the other point it is a currency and it might be used with a purpose of saving. In this case the tax would be stupid.

the higher the bitcoin price the greater the shipping taxes issued, in my country the bitcoin shipping tax has already reached more than $ 5 once sending bitcoin.but if buy bitcoin does not require taxes.

Well in my country it's not that strict because the government has not released yet a guidelines and policy about bitcoin so we are enjoying our income without paying taxes and doing transaction online. This is just temporary IMO as eventually our government will come up with a policy and everyone who earn income will be required to pay taxes or whatever policy they will impose. If there is a chance to hide then I will surely do it as long as it has no serious penalty when caught.