Post
Topic
Board Legal
Re: tax on bitcoin
by
stomachgrowls
on 06/11/2017, 19:09:17 UTC
what are the ways government can apply tax on bitcoin....

how to pay tax on bitcoin..... in any country.....
I personally did not really know it yet, and have never found one article I read how the application of tax on bitcoin that has been applied in certain countries. in a country where I live hasn't really legalize bitcoin itself, and there is no such thing as a tax payment on bitcoin, it's still free of tax. But I think it's good.. although bitcoin is still not legal in the country where we live, we can still pay taxes from bitcoin earnings that we get in the form of cash. Surely we must be a good citizens for the country, and still pay taxes as can possible.
Taxes must be paid voluntarily. If I pay my taxes and see that it is doing everything that life gets better and the money is not being stolen by politicians then I agree with you. Only I see the opposite. The rich do not pay taxes. The government includes the Treasury only at the expense of the poor. Why should I pay?
We do have the same logic too which if i can able to see if theres a good benefit to my own country then i would voluntarily to pay up taxes without any hesitations but in the case of my country which is also being listed on one of the most corrupt country then i would really evade on paying up tax and in bitcoin you would really able to hide your asset.