Topic: Are you going to pay taxes? - page 22. (Read 18730 times)
I don't want to pay taxes for my Bitcoin's profits. It's really bullshit, i came to Bitcoin because they can't taxes on it.
I always paid taxes and continue to do it now. I believe, that paying taxes is one of the pledges of a dysfunctional and stable state economy. Roads, medicine, education, social payments and other? are all from our taxes. I believe, that this is the duty of every citizen of his country. 
Of course I'm not. 
If I will do that I'm not sure that my tax will be in the right hand.Many are corrupt in the government so why should I give my money earn from not payable tax organization. If my purpose is to help I would rather give it to the charity sector.
If I will do that I'm not sure that my tax will be in the right hand.Many are corrupt in the government so why should I give my money earn from not payable tax organization. If my purpose is to help I would rather give it to the charity sector.
In our country, bit is a ban on trading, but when over the wall buys bitcoin, it doesn't have to pay taxes
I will if i have to but i will try to avoid it as much as i can.
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 am going to pay taxes on my bitcoin profits, if my country accept bitcoin . 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.
It's obvious but i think i have to send half of my profit to the goverment , it's too much , i don't accept that .
it is possible, I will pay the tax, if the tax value specified is still proportional to what I produce in bitcoin or at least the tax value is affordable for me to pay.
certainly someday after all the state governments set a rule about bitcoin surely all income from bitcoin will also be taxed .
certainly someday after all the state governments set a rule about bitcoin surely all income from bitcoin will also be taxed .
IF you don't like it I suggest you move to a country that has no taxes or very little of them.
Never suggest this poisonous idea! I personally know how large devastating effect for the economy and society emigration does create.Even if next govt will accept previous errors and fix laws, you cannot easily return the people. Population will suffer for centuries.
Just mind your own business boy. Sutters Mill has the legal freedom to move to whichever country he want. If the economy suffers, that means that the government is incapable of governing the country. You can't take the right of travel away from anyone. If you want to keep high net worth individuals in your country, then ask the government to stop harassing them and reduce the tax rates.
IF you don't like it I suggest you move to a country that has no taxes or very little of them.
Never suggest this poisonous idea! I personally know how large devastating effect for the economy and society emigration does create.Even if next govt will accept previous errors and fix laws, you cannot easily return the people. Population will suffer for centuries.
In the US - never! I would better donate all my money to a hobo than paying for prisons and wars!
No, I don't want to pay them. Just for legal business, not for bitcoin xD
My country doesn't have a tax on bitcoin right now. Has the us started taxing bitcoin? 
Absolutely
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.
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.
If this is under buy the government of course I pay my taxes. But if this is not cover by the government I'm not paying any taxes, which means in bitcoin transactions there is no tax deduction due to its decentralization.
No, of course not. Big fat cats will be fine without my money .
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Governments will always find a way for you to pay taxes. The blockchain is such a disruptive technology that they can't regulate. Therefore they will want taxes wherever they can get.
How can they not regulate it? It's a giant public ledger so they can easily see what's going on. Cash is much harder to tax because it doesn't have a a history of every transaction made cash in hand.
Why should we pay taxes on our profits from BTC? The government will never compensate us if we ever face any losses in crypto-trading.
The government isn't there to compensate you on whatever you gamble on. People pay taxes to contribute to society and the country they live in. IF you don't like it I suggest you move to a country that has no taxes or very little of them. However, don't be surprised when your government starts looking into everyone who trades bitcoin and when they IRS comes knocking at your door you'll probably regret your attitude.
As much as I don't want to because I fear that because of bitcoin's high value the value of tax will be high as well, however, when the government decides for it to be taxable then I guess we all have no choice but to follow this new rule when it comes to having bitcoin. I just hope that this will be for the better.
Don't worry about paying taxes on your profits from Bitcoin. There are thousands of legal loopholes, using which you can escape from paying tax. For example, if your stash is worth a few millions of USD, you can purchase the citizenship of Dominica (for a price tag of $100,000). You can sell your coins in Dominica (without paying any tax) and then come back to your hometown with the fiat cash.
But still you would have to appear back in your country with a lot of money - would they not try to tax you then?
Why should we pay taxes on our profits from BTC? The government will never compensate us if we ever face any losses in crypto-trading.
I always pay taxes it is necessary
Yes surely i will and also i will urge others to pay taxes. The money we pay in taxes goes to many places. In addition to paying the salaries of government workers, our tax dollars also help to support common resources, such as police and firefighters. Tax money helps to ensure the roads we travel on are safe and well-maintained.
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