Post
Topic
Board Bitcoin Discussion
Re: Okay. Charge tax on bitcoin. Is this fair policy?
by
msarro
on 20/01/2020, 12:17:08 UTC
I noticed that certain country may charge tax on earning from Bitcoin trading...

20% tax on it. I think this is quite ridiculous.

That means govt sees it as a lottery.

What do you guys think?

The government on everything charges tax. In my country, you have to pay tax on stock trading also. So it's fine if the government is charging tax on crypto. Government's real difference with bitcoin is that bitcoin anonymous nature doesn't allow government to trace and tax the transfer of funds.