Bitcoin holders will have to pay their tax? - page 14.

ylnar123

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Quote from: kenlyresuello08 on June 22, 2018, 12:29:06 PM

What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.

The problem is, how can the government take taxes if Bitcoin users are anonymously earning it? To impose tax on every earnings an individual has, they should be able to declare it as their ownership but crypto is different, so the government should find a way first on how to void the anonymity of crypto to be able to impose taxation.

pelipurlara

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this is certainly a government effort to make rules about bitcoin and other crypto currencies, if the rules of the government are clear and do not harm as a holder of bitcoin it certainly doesn't matter if you have to pay taxes

susuberuang

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Of course they will not be taxed because they store bitcoin on blockchain and wherever it should not require tax fees, bitcoin will only be taxed if you make a shipment or when making a transaction.

orayorayan2

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provided that all there is a return from the government and as long as it is within reasonable limits maybe the holders will agree, it could indeed affect the decline of new investors but I believe it will not have much effect, maybe tax is a government option so they get income from bitcoin, provided the government legalizes and technically supports it sounds like it's worth it

ajuelnah akun

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in my opinion it's good, with tax recognition, just as bitcoin has been recognized by the government. I will pay taxes on time if that happens.

Girlsbit

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This all will soon get used to it. Before, it was strange, now nobody to do anything with it can not.

Chrystora123

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Omicron is another FUD

Quote from: kenlyresuello08 on June 22, 2018, 12:29:06 PM

What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.

that taxes will be applied if the goods or services are recognized by the government in the country, and if the ownership of Bitcoin is taxed, Bitcoin is indirectly recognized by countries that impose a tax on Bitcoin... to be honest, this will be very good, so the price, the number of cryptocurrency distributions, and the law on the ownership of Bitcoin will be clearly and legally regulated by the state.

wendiar19

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I don't think it's important because in order to save bitcoin or other cryptocurrency you don't need to pay monthly taxes like you save in a bank, it's one of the differences between banks and bitcoin.

dat.ho12492

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Quote from: putrisa on September 07, 2018, 11:08:46 PM

of course not they will not pay taxes and for other bitcoin or cryptocurrency holders they will remain tax safe so that other bitcoin and cryptocurrency are very suitable if they are used to save money because they are not taxed.

Taxation is not something that can be applied to crypto or bitcoin because it is a product not within the control of the government, they want to tax is also impossible, crypto and bitcoin always pass laws and government rules. And this is why so many people are still investing and holding crypto, we do not need to share part of our income with the government, this makes a lot of people happy and use, I also feel tax evasion is a great thing when we can clearly see the amount of tax we pay is too big

Mamahmuda22

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I have full awareness of taxes for the country, but my country actually rejects the form that I submit because they do not have crypto procedures. the only thing I can do is pay the transaction tax directly when making a deposit / withdrawal from one of the local legal crypto exchangers.

Kevinvaonav

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in tax matters I think the government has not been able to implement their rules, because in the meantime many countries have not been able to accept their existence, but it is important to know that some countries apply taxes when crypto is exchanged with the country's currency at a costthe country's financial tax transaction.

putrisa

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of course not they will not pay taxes and for other bitcoin or cryptocurrency holders they will remain tax safe so that other bitcoin and cryptocurrency are very suitable if they are used to save money because they are not taxed.

Cocosoxoto

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Although we all know bitcoin or many more coins characterise its anonymity, government will have their way to get tax from citizens. I suppose this issue is completely feasible, it's possible to occurbecause if governments force us to pay tax,they can get much profitable.

Janation

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Quote from: jiya jaena on September 06, 2018, 10:47:38 PM

Quote from: kenlyresuello08 on June 22, 2018, 12:29:06 PM

What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.

I think the tax imposition on the exchange is enough to increase government revenue, there is no need to tax the holders, this will give investors a negative trust for bitcoin

That is really enough, and putting a tax on holders of Bitcoin I think is too much. The reason they are called holders is because they are holding Bitcoin and not that much trancsact Bitcoin as other trader and investor do.

Also, I don't investors will be having a negative trust on Bitcoin since not all of them would be under that government that will be putting a tax on Bitcoin. And other people said that Bitcoin is a great investment since you don't need to pay tax, there will still be a lot of people opposing to Bitcoin having a tax.

surfer43

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"Trading Platform of The Future!"

Quote from: kenlyresuello08 on June 22, 2018, 12:29:06 PM

What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.

I am personally ready to pay the taxes if my government insist me to do so. Ever if the government starts asking fir taxes for bitcoins means that they would also legalise them and it would actually expand the empire for bitcoins. That would be a great news and several peoples would then get into bitcoins.

jiya jaena

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Quote from: kenlyresuello08 on June 22, 2018, 12:29:06 PM

What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.

I think the tax imposition on the exchange is enough to increase government revenue, there is no need to tax the holders, this will give investors a negative trust for bitcoin

uncukarambie

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I think what will happen is that many investors who believe in Bitcoin can participate in this and many who will know Bitcoin, Bitcoin will become very popular and in demand by everyone

andrei56

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Quote from: valentine401 on August 31, 2018, 01:33:24 AM

Quote from: kenlyresuello08 on June 22, 2018, 12:29:06 PM

What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.

In my own opinion, the investors of cryptocurrency will decrease because there are more people who are going to hate their own government, since government just want to milk money from their own people.

Your comment doesn't really make a lot of sense, the user of cryptocurrencies is most the time at least someone that is not so happy with the way things are being managed by the government of his country, so if more people are dissatisfied with the way things are run in their countries then this only means that we are going to get more adopters of cryptocurrencies not less.

aeternus

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Quote from: kenlyresuello08 on June 22, 2018, 12:29:06 PM

What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.

There are going to be two answers to that in one hand I think there is going to be a significant part of the community that will try to avoid paying those taxes in a legal way, this is especially true for those that are holding lots of bitcoins, but for the people that are holding very little bitcoin and that cannot pay expensive lawyers it is very likely that they will end up paying their taxes.

Ng93

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Quote from: kenlyresuello08 on June 22, 2018, 12:29:06 PM

What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.

I don't agree that's right. I think we should tax those who speculate on the stock exchange. Those who trade are traders. They have to pay tax. However, traders can say that they are just ordinary holders and they do not trade anything. It's a very difficult question...

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