Post
Topic
Board Legal
Re: Explain the income in bitcoin ?
by
Qartersa
on 02/12/2017, 10:41:17 UTC
This is a legal issue no one has been able to answer me about

If you win bitcoin with investment, it's easy to declare

What about bitcoins you earn from jobs  ( bounties, regular incomes for helping teams in moderation, etc.) ? It is a job and an income but in bitcoin, so how is it considered and declared?

Yes, I agree it is an income. But you know, each country of jurisdiction has its own rules and regulations as to the declaration of income. So you would have to check on your local/national laws regarding that. I think you would also need to qualify as to whether what you are doing is full-time or that of part-time. Because as for us, if it is only a part-time job, you need not declare anything that you earned out of it.