Re: Are you in support of paying your taxes in Bitcoin?

Quote from: potzpotz on March 13, 2018, 02:51:16 AM

Quote from: stopthefud-blog on March 12, 2018, 11:01:22 PM

Recently, Georgia is trying to pass a bill allowing payment of taxes in Bitcoin.

Bill GA-SB464 ?requires the state revenue commissioner to accept cryptocurrencies for payment of taxes and license fees.?
This allows for people in Georgia to pay their taxes and license fees in cryptocurrencies.

For more info on Georgia's stance, see https://stopthefud.wordpress.com/2018/02/24/georgia-bitcoin-taxes/

But do you think paying your taxes in Bitcoin will be a good thing for Bitcoin? Or is it another way the government is trying to take our Bitcoin?

Yes I'm in full support of paying taxes for bitcoin because as a citizen of my own country it is my obligations to pay taxes

In the past year, most people who hold Bitcoins are making money from Bitcoin. Now that the Americans are ready to impose tax on Bitcoin, the IRS hopes to reduce bitcoin profits. With unprecedented gains and unprecedented law enforcement, this year will be a year in which tax collectors take seriously bitcoin revenues. This means that now you must ensure that everything you do is normal and that there are no tax evasion problems. I support bitcoin taxes.