Post
Topic
Board Legal
Re: How Will the IRS Tax Bitcoin?
by
frente
on 19/01/2014, 21:55:58 UTC
The only reasonable decision to make by IRS is that there's no tax on digital currencies. If I buy btc on LocalBitcoins or similar site anonimously and sell them later for a profit, how will they control that? For gold, stocks etc. it is different because there's no easy way to make anonymous purchases, so they can easily find if someone "forgot" to declare gains.