Post
Topic
Board Politics & Society
Re: Political conspiracy against bitcoin
by
Piggymonster
on 07/11/2021, 21:03:40 UTC
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I am from Philippines where everything has a value added tax hahaha. It sure is an income that is why it is taxable and crypto has becoming mainstream here and a lot of people are earning big time that is why they are looking on how to capture taxes on it.. The only challenge to tax authorities is how they gonna track the income earned and if it will be classify as capital asset or ordinary asset as it has a different tax computation.