Post
Topic
Board Altcoin Discussion
Re: Do traders pay income taxes?
by
Siegtal81
on 04/11/2018, 15:20:24 UTC
I'd like to start trading, but what happens when you get profit from a new coin? you pay taxes as individual (like capital gain) or you must open a registered company?

BTC has been recognized as commodity, so you will pay commodity taxes, if you are US citizen. In the same time, most of tokens are not covered by taxes.