Quote from: Capt00 on April 17, 2019, 11:11:22 PM

Quote from: pushups44 on April 17, 2019, 03:40:48 PM

I don't see what the big deal is in reporting signature campaign earnings. I believe in transparency and letting the government have its cut, and while it's true some people will get away with not reporting it, I like the peace of mind that comes with making Big Brother happy.

No need to worry if our government ask us to pay task because the signature campaign has a spreadsheet that has transparency transactions, then if necessary then you can print that as a proof of income in promoting signature and not comes from fraud.
But I think when you are holding no tax will be implemented on that however it will effective when you converting your bitcoin into cash.

The problem is some signature campaigns paid on websites and not directly on your BTC address, it was an address generated on a website, typically a lot of casino sites did this to promote signup registrations. Most of the sites are probably gone so what to do then?

Quote from: gentlemand on April 01, 2019, 12:51:15 PM

Quote from: greeklogos on April 01, 2019, 06:05:25 AM

Quote from: aleksej996 on March 18, 2018, 02:58:33 PM

I wouldn't bother. The amount you can earn from these campaigns are quite small, even for Legendary ranks.

That's right. If to cash out by little like 50-100$ a month a bank won't has any pretensions to those money. Taxation is more about big sum of money which source you should represent to the bank and taxation system.

It doesn't matter how much you cash out, you're being paid in something with value and that's the place you're taxed.

Of course if you don't bother reporting it in most places no one's going to find out, but you might be setting yourself up for future problems if they choose to sniff around. Again, the likelihood is low.

And for some campaigns the payouts can easily take you above your tax allowance. I can't be bothered to add it up but it's quite possible I went over mine last year purely from the campaign I'm in. If the price had stayed high it would've been not too far off the average salary where I am.

Yeah in chipmixer im pretty sure you were able to make more than minimum income specially during the 2017 bubble.. so what will you do? Personally I think I have never made more than minimum income in my country but perhaps I was able to break at some months.

I really have no idea what im going to do if I wanted to cash out in fiat. It is really a mess. I have been in a fuckton of different campaigns and trying to gather all the data is hell. I have definitely lost some data because I got paid on websites (like fastdice, which no longer exists I think, and I have no data on that).

Quote from: aleksej996 on March 18, 2018, 02:58:33 PM

I wouldn't bother. The amount you can earn from these campaigns are quite small, even for Legendary ranks.
I don't think no one will harass you for such a unusual income that no one is sure about.

Bitcoin is largely unregulated in the world and it will be difficult to regulate it once they make a significant effort.
This amount is also pretty small, so I don't see why someone would really care, as the whole signature campaign economy is very small.

But then again, I am not a lawyer, I have no idea.

This is not the problem. The problem is, lets say you make 1 BTC from posting for a couple of years, then in 5 years 1 BTC is worth $1,000,000. What then?