Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and Tax?
by
MIT2K
on 26/11/2017, 16:59:38 UTC
Yes, it just depends on your country, and of course, if you dont want to avoid taxes.
If you are on the US, dont even think about avoiding to pay those taxes, because you are going to go jail if you are catched up, it is a very difficult country to try to avoid taxes, lol.

in the UK you have to pay more than 20% of your earned amount with bitcoins and all the other cryptos.

Here in my country they are going to create a new law that says that you can just put all your crypto earnings in your bank, but you have to pay 15% of your total earned money, if you dont, you are going to go jail.

It only depends on your country and in your laws.


wow very interesting coming from the UK, Thanks!