Post
Topic
Board Speculation
Re: Has anyone reported bitcoin capital gains or losses on their taxes?
by
miscreanity
on 03/11/2011, 05:05:35 UTC
Miscreanity is a stand-up guy.

BitMagic's a decent fellow as well.

is their tax when you barter one good for an other?

sigh.

Yes, and it's been there for a long time. I don't agree with it, but most contemporary national tax laws create a situation wherein all transactions of any kind or size are technically taxable. Since the general stance is that ignorance of the law is no defense, what you don't know will hurt you.