Post
Topic
Board Bitcoin Discussion
Re: Trump just killed Rule 1031 all BTC trades now taxable
by
gentlemand
on 27/12/2017, 02:13:17 UTC
you move 1 mil in btc into 1 mil in eth, the irs wants 20% NOW on the gains

Quite probably a very stupid question but where is the actual gain? Your initial dollar Bitcoin buy in versus the Bitcoin value at the time of the ETH swap? Is it all dollar denominated?