Are you going to pay taxes? - page 14.

Stegobit

jr. member

Activity: 154

Merit: 1

Quote from: fearx93 on January 01, 2018, 03:21:51 PM

Everyone have to pay the taxes. It's the law if you're trying not to pay the taxes you will be punished by the goverment.

Quote from: Anjazvatoni4 on January 01, 2018, 02:00:35 PM

If indeed there are regulations from my country, to pay taxes '' why not, "".
I live in a country of law.

Do you think govt is a God? If yes, you can pay taxes. If not, its members are impostors and bandits (mafia), who deserve only bullet in the head!

Quote from: Anjazvatoni4 on January 01, 2018, 02:00:35 PM

If for the progress of the country, the tax will always be obeyed. Grin

Non-profit & charitable organizations (funded voluntary through donations) provide much more progress for the society than government.

Quote from: Washball on January 01, 2018, 11:53:46 AM

Exchanges send information to the tax authorities about cryptocurrency being cashed out.

Quote from: SupportBitcoin on January 01, 2018, 07:32:27 PM

You are required to pay taxes, the IRS will come after you and get their money. I would of course try to get paid in Bitcoin so therefore it is not taxable, but I know as soon as I change it over to fiat, they will come knocking!

Use Localbitcoins.

goribert

member

Activity: 118

Merit: 10

At least in my country there has been no legislation on this, and I would have no problem paying some taxes as long as they allow me to live in peace and earn enough to live a decent life.

Rouse_creationsHostel

member

Activity: 333

Merit: 11

Taxes are a nice way for the government to give school and medical help to those who need it. There is a lot which the government needs to make your roads and libraries, but I agree it could be managed in a better way, and not just be controlled by powerful people.

cryptosy

newbie

Activity: 42

Merit: 0

Quote from: Lynzoi on June 06, 2011, 07:02:22 PM

Are you going to pay taxes on your Bitcoin profits?

Suppose you make a million dollars. Suppose you have already made a million dollars. Are you going to hand half of that cash over to the government? Of course, this is assuming you convert your coins into federally recognized cash. If your only intention is to amass a huge supply of Bitcoins, the question does not apply to you.

You're supposed to pay income taxes. It seems rather easy to get away with not doing it, though... at least in this case.

Yes,I will pay taxes,even though the Govt does not have any records of the bitcoins that I have bought for $300 few years back.I can sleep peacefully ,if I pay taxes and not be bother about taxman haunting for me

wtfonly16

full member

Activity: 285

Merit: 105

http://how to mix buttcoin ??

SupportBitcoin

member

Activity: 151

Merit: 10

You are required to pay taxes, the IRS will come after you and get their money. I would of course try to get paid in Bitcoin so therefore it is not taxable, but I know as soon as I change it over to fiat, they will come knocking!

samtarly

full member

Activity: 196

Merit: 100

Pre-sale - March 18

Quote from: Onurb on January 01, 2018, 05:51:51 PM

Quote from: Quantum Mind Flow on January 01, 2018, 04:57:46 PM

I'll try every trick just to NOT pay taxes, of course in any "legal" way :-)
Big corporations do this all the time.

I agree 100%. In the meanwhile we little people must pay taxes on every cent, the big corporation have a legal staff that find all the time methods to escape from governement.

Actually you don't need to be a big corporation to do that, all you need to do is to find a good tax practitioner or an accountant that is really good when it comes to taxation, tax is a law and government gives us some option and every somewhere in law there is always a glitch or some kind of loophole and that is how tax minimization is started and it is legal in any way.

ItsEzMkay

full member

Activity: 303

Merit: 100

Quote from: Onurb on January 01, 2018, 05:51:51 PM

Quote from: Quantum Mind Flow on January 01, 2018, 04:57:46 PM

I'll try every trick just to NOT pay taxes, of course in any "legal" way :-)
Big corporations do this all the time.

I agree 100%. In the meanwhile we little people must pay taxes on every cent, the big corporation have a legal staff that find all the time methods to escape from governement.

Isn't it absolute madness how that works? The person with more money can find more loopholes and in the end they get more money as a result. The person with less money can't pay lawyers and accountants a like to look at law all day and therefore suffers the whole force...what a fair system we live in.

Onurb

newbie

Activity: 12

Merit: 0

Quote from: Quantum Mind Flow on January 01, 2018, 04:57:46 PM

I'll try every trick just to NOT pay taxes, of course in any "legal" way :-)
Big corporations do this all the time.

I agree 100%. In the meanwhile we little people must pay taxes on every cent, the big corporation have a legal staff that find all the time methods to escape from governement.

Quantum Mind Flow

newbie

Activity: 16

Merit: 0

I'll try every trick just to NOT pay taxes, of course in any "legal" way :-)
Big corporations do this all the time.

butcherme

member

Activity: 368

Merit: 18

Quote from: Lynzoi on June 06, 2011, 07:02:22 PM

Are you going to pay taxes on your Bitcoin profits?

Suppose you make a million dollars. Suppose you have already made a million dollars. Are you going to hand half of that cash over to the government? Of course, this is assuming you convert your coins into federally recognized cash. If your only intention is to amass a huge supply of Bitcoins, the question does not apply to you.

You're supposed to pay income taxes. It seems rather easy to get away with not doing it, though... at least in this case.

I will not, because it is not mandated by the law yet. It's good to pay taxes because taxes are used for government projects and social development. However, we are aware that some taxes are not spent well. Some are stolen by government officials that are too greedy.

fearx93

newbie

Activity: 30

Merit: 0

Everyone have to pay the taxes. It's the law if you're trying not to pay the taxes you will be punished by the goverment.

Cryptoupdate04

newbie

Activity: 28

Merit: 0

Quote from: Lynzoi on June 06, 2011, 07:02:22 PM

Are you going to pay taxes on your Bitcoin profits?

Suppose you make a million dollars. Suppose you have already made a million dollars. Are you going to hand half of that cash over to the government? Of course, this is assuming you convert your coins into federally recognized cash. If your only intention is to amass a huge supply of Bitcoins, the question does not apply to you.

You're supposed to pay income taxes. It seems rather easy to get away with not doing it, though... at least in this case.

Yes ,tax should be given

Anjazvatoni4

member

Activity: 154

Merit: 10

If indeed there are regulations from my country, to pay taxes '' why not, "".
I live in a country of law.
and before getting to know bitcoin, I've lived in my beloved country.
If for the progress of the country, the tax will always be obeyed. Grin

captaindepp1321

newbie

Activity: 103

Merit: 0

Quote from: wtfonly16 on January 01, 2018, 12:10:32 PM

no one is going to pay taxes because more then half of ppl in US are going to abandon crypto all together.

nobody is going to fucking keep track of thousands of 1% like-kind transaction gains for record keeping later on... its fukin stupid.
and for you idiots that think by moving to switz makes you immune to taxes your wrong. you have to abandon US citizenship or your still getting audited.

If you have a company in crypto so i think they will easily track your transaction to tax it .

wtfonly16

full member

Activity: 285

Merit: 105

no one is going to pay taxes because more then half of ppl in US are going to abandon crypto all together.

nobody is going to fucking keep track of thousands of 1% like-kind transaction gains for record keeping later on... its fukin stupid.
and for you idiots that think by moving to switz makes you immune to taxes your wrong. you have to abandon US citizenship or your still getting audited.

coolcoinz

legendary

Activity: 2744

Merit: 1174

Quote from: millytr on January 01, 2018, 11:41:24 AM

I think paying the taxes is necessary . Goverment needs some funds to protect you.

That's what they want you to think!
Are you some molested child or something? What do you need to be protected from?

The government works by creating a false sense of insecurity and demanding people to work and pay to allow the country to face this imaginary threat. It's just like mafia when they tell you need to pay for protection. If you don't they send someone to break your window and make you feel insecure, willing to pay...

Washball

full member

Activity: 266

Merit: 151

First crypto index traded as a token!

You have to pay taxes, it's a necessary evil. With paying taxes you support your government to do what they have to do. Exchanges send information to the tax authorities about cryptocurrency being cashed out.

millytr

newbie

Activity: 53

Merit: 0

I think paying the taxes is necessary . Goverment needs some funds to protect you.

gabriela1999

member

Activity: 299

Merit: 10

Yes, I will pay the taxes for goverment to secure my business.

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