Post
Topic
Board Altcoin Discussion
Re: Do I pay taxes when I sell an alt coin for bitcoin?
by
Bitmedrano040117
on 22/01/2018, 21:24:21 UTC
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?

I think maybe in some other countries they require taxes for the bitcoin users but mostly not. Just like me, my only charge was in transaction fee  only but not in any form of tax deduction mate. Maybe it could have tax once Bitcoin become regulated in each country.