Post
Topic
Board Bitcoin Discussion
Re: [INFOGRAPHIC] What Are Bitcoins and How Are They Taxed? (Comments from TurboTax)
by
Frozenlock
on 27/07/2011, 20:21:47 UTC
Guilt people into paying taxes?  I suppose that's one way to look at it.  You can declare your bitcoin earnings or not, as you see fit, but if you don't, and you get audited, be prepared to pay the consequences.  Income tax evasion is a serious crime.

So, there must be such a thing as a tax prison?
I suppose the crime would be "being born"?  Tongue

On a more serious note, I would like to see any taxman try to find my bitcoins.  Wink