Post
Topic
Board Bitcoin Discussion
Re: Tax on crypto?
by
liuqi
on 11/03/2018, 15:57:41 UTC
What if the government agree to use crypto as an payment gateway but with tax.

Is it possible?


It depends on the economic status of government because many poor countries also available in the world. But current possibilities is developed countries are implementing the legalization of crypto currency so compulsory they fix the taxes. If you earn fiat currency for one month you will invest your whole amount in crypto platform but government should collect the taxes for one time only and after invest in cryptocurrency they do not collect the taxes. But you are earn 2x profit in cryptocurrency they collect some additional taxes