Post
Topic
Board Altcoin Discussion
Re: Do I pay taxes when I sell an alt coin for bitcoin?
by
OluwaTosin10
on 01/04/2019, 21:13:54 UTC
Do I need to pay taxes if I sell an alt coin for bitcoin then rebuy a different alt coin. I never took out actual USD so I am unsure how that would work. Or am I only taxes on actual USD made when I cash out?

I think the issue of tax depends on your locality country and their rules
But naturally I count the exchange platform fees as a form a tax payment

And if you use changelly and similar sites to buy bitcoin with fiat; you probably have to pay extra charges