Post
Topic
Board Service Announcements
Re: Do I really have to pay taxes on crypto investments?
by
webtaxi
on 16/06/2020, 13:27:26 UTC
countries  will never allow decentralized currencies to circulate. This is nonsense.
this is not the first time someone comes who speaks completely with clarity of confidence without even bothering to google it at least a little. There are well-known examples with New Zealand and Ohio, where they have long been allowed to even pay taxes in decentralized cryptocurrencies (which could be even more legal for the state ?!)

different states allow cryptocurrencies to be circulated, and some even rush to manage implementing them before others in order to be the first to get the advantages that they can offer.

actually, the program for accepting tax payments in cryptocurrencies in Ohio was suspended until the State Attorney General's positive verdict.

but why? it was such a futuristic decision!
The mere transfer of property to an intermediary at the expense of paying taxes is really a matter of technology. In Ohio, it was probably assumed that a certain category of sellers would be able to accept cryptocurrency directly at the expense of paying for goods and services, but the regulator rightly saw this as a direct risk to the dollar, so the project was canceled.