Post
Topic
Board Economics
Re: tax
by
yanxuanyunshan4
on 18/03/2018, 01:23:03 UTC
in your country income from bitcoin taxed? state the country

We don't have a bitcoin tax in our country right now. I think it should be taxed.

1; Sell goods for bitcoins. For example, selling a car for bitcoin is equivalent to a barter. If the party selling the car is an enterprise or an individual industrial and commercial enterprise, then it needs to pay business tax or value-added tax. If the seller is a natural person, do not pay taxes.

2; Natural person provides labor service in exchange for bitcoin. Bitcoins are neither cash nor physical, nor are they negotiable securities, so they should not be taxed.

3; If the company has bitcoin, it will need to pay enterprise income tax.

4. If a natural person holds bitcoin, it appreciates. No personal income tax is required.

5; Buy something else with bitcoin. Don't pay taxes.