Post
Topic
Board Legal
Re: Most important thing from IRS ruling on BTC
by
RodeoX
on 26/03/2014, 17:19:00 UTC
What do you think the bitcoin foundation has been doing? This is why lobbying lawmakers is so important. Can you imagine what they would have come up with on their own? 

In fact, did the foundation push for this property thing?

I know that is what we all were hoping for. It makes the most sense to me that taxation falls under capitol gains. At least now I could start a business and have an idea what my tax liability will be. Nobody wants to risk an outlay of money when you can't even calculate your profits.