Ninjastic
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Board Bitcoin Discussion
Re: It's happening! Paying tax in crypto!
by
Pan Troglodytes
on 13/02/2018, 18:41:08 UTC
Quote from: mammothine on February 13, 2018, 06:34:40 PM
Quote from: Pan Troglodytes on February 13, 2018, 06:33:07 PM
Quote from: PinkCrypto on February 12, 2018, 11:15:46 PM
https://cointelegraph.com/news/us-arizona-senate-passes-bill-to-allow-tax-payments-in-bitcoin

First bird of the coming spring for cryptoliving! Cheesy
If you pay your tax in crypto, this is a kind of exchange of crypto to fiat, right? So is that money taxed again with a capital gains tax?

Just being curious...

I knew there had to be a catch somewhere!
Yep, and from that moment on they know who to track to check if (maybe) he has more of that crypto he was so reckless to show. Sometimes, in life and in crypto, both, it is best to keep low profile... This I would advise to anybody.