Quote from: imstillthebest on January 25, 2020, 01:32:40 PM

Quote from: Mahanton on January 25, 2020, 01:21:54 PM

Quote from: Janation on January 25, 2020, 10:25:01 AM

Quote from: carlzec on January 13, 2020, 09:47:57 AM

The issue of cryptocurrency and tax has recently become popular. States may want to derive a tax income from this situation. But this is not a simple matter. How will they get the tax as bitcoin? This is a very complicated issue. I don't think it's possible for now.

I don't think we should even think about it but there are countries that already taxed Bitcoin.

This depends though on how they are using Bitcoin. If they are using Bitcoin in a company and they are accepting it as a payment or salary, they would be under the law of income tax and that would obviously be taxed.

When we do talk about directly on Bitcoin then its not really taxable but if it already involves 3rd party service then thats the time it would really be taxable.

This will depend on countries jurisdiction when it comes to crypto earnings if they would decide to recognize it as a taxable thing but on most cases that would really
be done.

bitcoin are currencies too but the currencies are the ones that arent taxable right ? but its the goods or the service , or the property you own. when you use your bitcoin for any of those things that i mentioned above , it must not be exempted by tax because that is inapropriate already . there was a case against that if i remember and tax is one of the case that are popular because big time people tend to avoid it

Yes bitcoin itself is not having any tax issue but the things or the properties that we buy with bitcoin will surely be taxation. Crypto is independent and it has no legal connection with government taxes so just relaxed and keep holding the more you buy to hold the more you will earn from it and stop being trapped by any fake news related to crypto.