Post
Topic
Board Bitcoin Discussion
Re: What if authorities launch a tax for owning bitcoin?
by
BitcoinPanther
on 13/01/2024, 17:53:25 UTC

Can I transfer the BTC from my current address, to an address that no government can ever link to me?


If the fund is coming from an exchange and you do a normal transfer then the government can easily track the owner of the Bitcoin funds unless you use a privacy coins.

I do not think that it is reasonable for the government to impose tax to those who are just holding Bitcoin.  As far as I know only transaction that yields profit are taxable.  Those trades where the trader losses are tax exempted so as long as your Bitcoin holdings does not give you a profitable transaction there is no way the government will impose income tax on it.