Post
Topic
Board Legal
Re: Do people have to pay taxes on Bitcoin?
by
marseille
on 21/07/2018, 14:03:36 UTC
Bitcoin is not designed for taxes to be paid on it. I beleive the best for government maybe to tax bitcoin users and make it more popular. Just that the charges should be considerate and proportional to the excesses.
Many government agencies have gotten into the potential of tax evasion from bitcoin and crypto. Any transactions you send with bitcoin or other cryptocurrencies are taxed by default. It is very difficult to avoid taxes but for the sake of our security what can be made because this is also in our own interest because our income is still far from our spending for taxes.