Post
Topic
Board Altcoin Discussion
Re: IRS taxing cryptocurrency trades starting Jan. 1st.
by
sandy14350
on 03/01/2018, 09:08:56 UTC
felling bad for US residents with the silliest law ever. Crypto currencies should not be taxed like this, because they don't really have any definite USD value, and many are not even traded against USD. It is when you actually exchange crypto token to USD, goods or services you know its USD value exactly, and at this moment it should be taxed. How IRS is going to audit day traders?could ever it be possible technically?