Same in most parts of europe.
...
So, I sell some, to pay and expand, and keep some fo which I dont pay income tax until I sell them and get "real" currencyl.
Real and not currency totally in the definition of the law here
...
So, I sell some, to pay and expand, and keep some fo which I dont pay income tax until I sell them and get "real" currencyl.
Real and not currency totally in the definition of the law here
yes. if you keep them they're not taxable, but if you sell them for the currency of your country, they are.
Are you sure? The IRS pages linked above suggest that merely receiving bitcoins would count as barter income and so is taxable at its market exchange rate to dollars
no, i'm not sure. but that appears to be the consensus here, among those who claim (such claims taken with the appropriate number of salt grains) to have had tax-preparer advice and filed that way.
i can't really say i believe any of the info that's out there right now - including that info from the IRS, who have not exactly been stellar, even when it comes to interpreting their own rules.
i think that, realistically, we'll just have to wait for some poor slob to get taken to court. just hope it isn't you or i.