Quote from: Hedda Gabler on August 14, 2018, 02:05:24 PM

Quote from: Zeddyn on July 26, 2018, 01:29:14 AM

I also strongly agree with taxation, but whether all taxable and if we suffered losses in trade and still be taxed it will make us more loss.

From what I read, if you don't make profits in bitcoin you don't have to pay the tax.

People just don't seem to get taxes. in the U.S. you owe capitol GAINS tax. You owe on the profit you made and can actually claim a loss to reduce your taxes if you lost value. Capitol gains are LESS than income tax. If this was income you would likely owe about 35%. Be happy we only pay cap gains.