... I can't imagine people filing their tax returns with thousands and thousands of payments. Unless an app is created that does it automatically, but that would mean giving the data of all your transactions to a third-party....
What do you think about it?
The app is a
great idea and does not have to give data to a third party. It could be, for example, open source software with a free/community version that handles 2 or 3 thousand transactions per year, and a premium/commercial version with unlimited transactions, plus a few more features, etc. There is a huge need for this! Thank you, for the exciting business idea. Does anyone know if this already exists - in any country - especially for the USA?
when it is legal, the tax will be applied, it's just that the application of taxes for transactions of goods and services is very difficult to apply except using an application that is as mentioned but behind that there is a weakness and how it works considering the way that is put forward is opposite to the cryptocurrency system .