Quote from: stomachgrowls on November 06, 2017, 07:09:17 PM

Quote from: sindikat on November 06, 2017, 05:59:07 PM

Quote from: denny27 on November 06, 2017, 07:02:04 AM

Quote from: cryptovirus on July 28, 2017, 05:06:48 AM

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.

Paying taxes can really help the government for funding their projects for the people but sometimes this fund is abuse by the government officials and using for their personal interests. The money of people became their pocket money. The corruption in our government is rampant and seem that they enjoy their extravagant lifestyle using our money. And if the government will put taxes in bitcoin there will be a massive debate like can they just leave it alone? Really the government is just so quick when they smell money they'll immediately act and make sure that they squeeze every drop of it.