Cryptocurrency and taxes. It is the controversial topic. Noone wants to pay taxes, especially for bitcoin. Now, this is a very profitable business and soon the government can introduce taxes on cryptocurrency nevertheless. But we can`t "touch" or "hold" it so in what way cryptocurrency might be taxed?
In my opinion, cryptocurrency may be taxed in the same way as a program or any sale or purchase transaction. Regardless of what you are selling, if you are profiting, you are required to pay tax.
What do you think?
The tax is a duty to all people across the country. If I think Bitcoin should be taxed. Because the income earned from Bitcoin is very large and should be obliged to pay taxes. But because Bitcoin is not there is set so Bitcoin is still free and not taxed. Maybe if later Bitcoin has been legalized across the country would Bitcoin will be taxed and we must all accept it.