Post
Topic
Board Legal
Re: Have You Paid Tax On Bitcoin?
by
lionheart78
on 17/11/2019, 16:12:09 UTC
What is your country's policy on taxation on cryptocurrency? Secondly, have you used Bitcoin ATM before? I heard about Bitcoin ATM when they installed them at the Melbourne airport. Please share your experience on BTC ATM and taxation. https://www.cryptoinfowatch.com/irs-looking-at-tax-issues-linked-with-bitcoin/

Bitcoin ATM is kinda rare in the Philippines and it is far from where I am living so I do not have a chance to use it yet though I am looking forward to at least try using it.  With regards to Bitcoin taxation, there is no clear regulation regarding cryptocurrency taxation though I consulted it to a lawyer and told me that should be implemented once Bitcoin is converted to cash.