Quote from: pandanaran on September 18, 2018, 12:40:14 AM

Quote from: Beerwizzard on July 15, 2017, 07:08:15 AM

I've heared that in some countries people have to pay the income tax after buying fiat for their bitcoins. Anyone faced such problem? If yes then how you deal with it in your country?
At one point of view bitcoin is an instrument for investment so ppl buy it willing to get income in their currency.
At the other point it is a currency and it might be used with a purpose of saving. In this case the tax would be stupid.

I'm not having problems like that, it's kind of weird if we have to pay taxes on bitcoin or other cryptocurrency purchases, I think there must be a reason for this, while the government doesn't accept bitcoin but why is there a tax? and there is no official regulation regarding that in my country.

You need to understand their position, they are seeing that a new industry is being born and like always governments want a piece of all the money that is being generated by people in those different businesses, but they are realizing that if they accept this new form of money in the long run they are going to be affected, so they want the benefits of taxation but they do not want to make it legal.