Post
Topic
Board Beginners & Help
Re: Should i pay tax if i receive bitcoins ?
by
jerelimZ
on 09/12/2013, 19:16:27 UTC
So if I get it right there is no need to pay tax if I transfer small amounts of money from exchange to my bank account? I'm guessing if that country in EU for example, sends a report about the transfer to receiving country...TAX SUX  Grin

Dont worry about not taxing small amounts of money, like $500 yearly. But every country has different value yearly you dont need to tax