[quote author=philipma1957 link=topic=178336.msg64333259#msg64333259

I think a lot of what a person will do depends of how much btc they get.

I would think most people left  are more then five coins.

I would think Selling 10% and keeping 90% in coin will be common.

I am also not sure about tax rules.

If you had coins in feb 2014 they were worth 650 usd they are 100x at 65,000

having 5 coins means 3250 is now 325,000. I am not sure if you could be taxed in full at a cost basis of 3250

usa law at the moment would mean 20% or 60-65k in tax.

I dont have mount gox coins. so not a worry for me.

But if I did get five coins and thought I may owe 65k in tax. I am selling 100k of 325k and paying the 65k asap.

this would give me 35k cash and 225k in btc or 3.46 btc.

So I suspect savvy USA people are going to sell at least 20% and pay capital gains on the whole 5 coins.

But what do I know.
[/quote] The capital gain tax is different for various countries including asset or income that are considered taxable
In my country it's 10% for capital gain tax but since you mentioned USA, let's use it as a basis as can be seen below.



The deadline which for tax payment is also quite different for different countries but one for USA is April 2025
So there's no rush in paying tax now
Besides I won't be surprised if individuals that are expecting the BTCs have started or already have a method that they would benefit the most from even with tax.
Like taking their holdings as a collateral.
You don't need to pay tax if you not selling.

There are countries whose tax system would cost little or nothing to receivers of The MT GOX Btc
Like Belze, Netherlands(usually no tax on personal equity), Singapore, Switzerland (progressive tax system here), Monaco etc.  

Personally I think most especially those holding quite some amount before wouldn't want to sell
They have been surviving without it except those that really needs it or have weak hands
Well as long as the fall is not caused by anything that threatens Bitcoin Fundamentals
Then it would always be a buying opportunity.

There are some country where Tax on long holding assets are
The capital tax law of countries are quite different so it all depends and you don't have to pay your Tax when holding except when you sell.

The last time I got any contact with Bitcoin price it was around $55K
It always a beautiful experience buying Bitcoin when it's showing -5 to 7%