Quote from: jmlona on January 22, 2018, 06:21:05 PM

Quote from: chaosfourever on August 08, 2017, 02:54:38 PM

Do I need to pay taxes if I sell an alt coin for bitcoin then rebuy a different alt coin. I never took out actual USD so I am unsure how that would work. Or am I only taxes on actual USD made when I cash out?

In most countries you will only be taxed on any USD you take out, quite simply, USD out - USD in = taxable amount, it is a little more complex than that and an accountant can work things out in detail for you but that's the simplified version.

i think the way on how we are able to pay tax are depends on a country that we have to belong for there is a lot of possibility that this is one of the chances that may happen for so better to be more aware for everything tax are can applied everywhere.