Topic: Are you going to pay taxes? - page 5. (Read 18733 times)
I will pay taxes if there is a law that its been taxed in our country. It is good that we follow our laws, paying taxes to help our country too. Then if bitcoin is not taxable then i will not pay taxes.
I fully intend to pay taxes on crypto when I sell it.
I suppose it depends where you live but in my country you would get in quite a bit of trouble if you did not declare and pay tax on capital gains.
I suppose it depends where you live but in my country you would get in quite a bit of trouble if you did not declare and pay tax on capital gains.
Terrorist sympathiser...
terrorist
ˈtɛrərɪst/Submit
noun
1.
a person who uses unlawful violence and intimidation, especially against civilians, in the pursuit of political aims.
I fully intend to pay taxes on crypto when I sell it.
I suppose it depends where you live but in my country you would get in quite a bit of trouble if you did not declare and pay tax on capital gains.
I suppose it depends where you live but in my country you would get in quite a bit of trouble if you did not declare and pay tax on capital gains.
Yes authomatic deduction in my salary every month.
Go self employed then you don't have to be robbed
Even if you are self-employed, you need to pay the taxes. Who told you that self-employed individuals are exempted from income tax? The only difference is that the self-employed are not liable to pay TDS (tax deducted at source). They should pay the taxes at a later time, along with the interest if applicable.
I am self employed, and no legislated bullshit states I have to register for self assessment, that is entirely voluntary, same goes for driving licences, nobody holds a gun to your head saying you MUST do this that or the other, you always do it voluntarily, I didn't volunteer so I am not contract bound to perform, its far from rocket science
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 it is a justifiable tax, I would pay my responsibility if it is my duty. In our country , most of our income is being taxed. Though it is against our will sometimes, we can't do anything agaisnt it but to follow the law. If were not going to pay taxes we'll be required to pay higher debt. So if it will be implemented, we'll just follow it.
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.
Tax should be payed because that's an obligation as a citizen. Yes it will be difficult for the government to track down your profits but sudden increase of purchases would be questionable. Just to be safe, pay taxes it will be much cheaper hiring a lawyer than paying tax.
Yes authomatic deduction in my salary every month.
Go self employed then you don't have to be robbed
Even if you are self-employed, you need to pay the taxes. Who told you that self-employed individuals are exempted from income tax? The only difference is that the self-employed are not liable to pay TDS (tax deducted at source). They should pay the taxes at a later time, along with the interest if applicable.
Yes authomatic deduction in my salary every month.
Go self employed then you don't have to be robbed
Yes authomatic deduction in my salary every month.
If the government will implement the taxation of bitcoin , I will just follow it.
OK.. So let me ask you a question. Suppose your government bans the possession of Bitcoins and ask the users to transfer all the coins in their wallet to the authorities (without any compensation), are you willing to do the same? Blindly following the government orders are never going to help, in my opinion.
Thank you, its nice to see some real people posting and not the sock accounts that are obviously poorly written bots...
If the government will implement the taxation of bitcoin , I will just follow it.
OK.. So let me ask you a question. Suppose your government bans the possession of Bitcoins and ask the users to transfer all the coins in their wallet to the authorities (without any compensation), are you willing to do the same? Blindly following the government orders are never going to help, in my opinion.
I dont know about it because i hate the bitcoins totally and dont want to get indulged into it
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 I will be required to pay taxes, I think I can't really do anything against it but to follow it. As a member of the society, I must follow the law responsibly. It is not alright to earn money without taking part of my responsibilities and obligations. If the government will implement the taxation of bitcoin , I will just follow it.
I don't want to pay taxe for bitcoin. i pay just for legal business
It is not whether you want to pay taxes or not. The decision is not with you. If you are supposed to pay the taxes, then the payment must be done. You don't have a choice here. Else, you may be detained and forced to shell out a huge penalty.
In the Philippines as what I understand every business that gain or have profit must pay a tax to the government. I don't know in what way that the Philippine government can do a law that in way of web they will ask us to pay tax. I think it's complicated.
Do "capital gains" add to your total income for the purpose of determining your tax bracket or are they taxed at the rate of your income-only tax bracket?
No, capital gains are not counted towards ordinary income for determining your tax bracket.
Here is wiki:
Quote
Under the United States Internal Revenue Code, the type of income is defined by its character. Ordinary income is usually characterized as income other than capital gain. Ordinary income can consist of income from wages, salaries, tips, commissions, bonuses, and other types of compensation from employment, interest, dividends, or net income from a sole proprietorship, partnership or LLC. Rents and royalties, after certain deductions, depreciation or depletion allowances, and gambling winnings are also treated as ordinary income. A "short term capital gain", or gain on the sale of an asset held for less than one year of the capital gains holding period, is taxed as ordinary income.
Even though our minimum wage is not taxable already we use our salary to buy our daily needs that has already have a tax.
yes, because it has been determined by the government for the common good and the people are obliged to pay it, the tax can not be felt by the person because the tax result will be used for the public interest. 
Guberment = terrorists... Look up the definition and stop sympathising with terrorists
yes, because it has been determined by the government for the common good and the people are obliged to pay it, the tax can not be felt by the person because the tax result will be used for the public interest.
I don't want to pay taxe for bitcoin. i pay just for legal business
That's right, now all the investment we have to pay taxes. But for the bitcoin market you do not have to pay taxes.
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