But now the government does not have any rights with bitcoin, let alone make a rule that bitcoin holders have to pay taxes because now the government strongly prohibits the circulation and use of bitcoin in some countries
But I believe those countries after time, assertions. They will have new insights and will adapt and accept it. Hopefully it will later be recognized and traded as other nations that have the opportunity to boost the economy of every nation. 
Topic: Bitcoin holders will have to pay their tax? - page 21. (Read 4342 times)
But now the government does not have any rights with bitcoin, let alone make a rule that bitcoin holders have to pay taxes because now the government strongly prohibits the circulation and use of bitcoin in some countries
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.
Maybe the expansion of BTC community will get low than usual.
Well, that is your government rule, then you have to submit for you to continue what you are doing with peace and the postive their is you are helping the government's economy.
It's a good thing that a people will pay taxes for BTC or any kind of crypto currency. For one thing, it just means that the country recognizes the existence of crypto currency and the people with crypto currency in that country will be protected by its economic laws and people who use crypto currency for crimes and fraud will be punished by the law of the land.
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.
Maybe the expansion of BTC community will get low than usual.
Tax for bitcoin is not yet implemented in our country. But if government requires us to pay taxes then we have no choice but to comply with the law. I think paying taxes is preferable than totally banning bitcoin in a country.
Same in my country too we are not taxed with bitcoin for now but for sure it will surely happen specially if the government in my country will legalize bitcoin and cryptocurrency. For me I think it would be fine for the betterment of all people. And to help the government in raising funds. I don’t find taxes as a bad thing since it will only benefit the entire nation.
If bitcoin is already regulated taxation will be applicable to all transaction depends on. the law that will be imposed by the government of each country and we cannot do anything about that but to follow the law and pay taxes.
Proper bitcoin has been prescribed for taxes to be applied to all dependent and related transactions.The law will be imposed by the government of each country and we can not do anything about it but must obey the law and pay the tax is possible.
However, I hope the tax will be fair and civilized.
if at other times the government / state issued a policy on taxpayers in bitcoin, yes it has become our obligation to follow the times, but on the other hand there is a duty there is a right or there is a provision that will be obtained by bithonein users, so there are benefits may make bitcoin.
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 it will be quiet opposite, if they do it that means they truly accepting bitcoin as legal financial instruments. It would be good and i hear japan would give a tax for everyone who gain more than 1500$ in cryptocurrency. I think tax is not a big deal and it wont make people stop investing in cryptocurrency. Maybe the expansion of BTC community will get low than usual.
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.
Maybe the expansion of BTC community will get low than usual.
Paying taxes is every citizen obligation. I think if bitcoin holder paying taxes, thats mean bitcoin regulate by government. Most bitcoin community want government regulate bitcoin and paying taxes is the consequences
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.
Maybe the expansion of BTC community will get low than usual.
Some countries already implement this thing, as long as you can accept that then it wouldn't be a problem. It's not like bitcoin will get ban if government ask bitcoin holders to pay their tax so community wont get drop, it's very different if government prohibited bitcoin it would make BTC community dropped.
if the tax is high, I'm sure bitcoin users will decrease drastically. because they certainly do not want to pay high for a tax on digital investment assets. because I think that even if bitcoin is not taxed, bitcoin does no harm to the state, and does not affect inflation and deflation.
I think it will depend on how honest a bitcoin holder will do, if taxes are high we cannot be sure if people will be able to declare his all bitcoin assets just to pay huge taxes for it.
if the tax is high, I'm sure bitcoin users will decrease drastically. because they certainly do not want to pay high for a tax on digital investment assets. because I think that even if bitcoin is not taxed, bitcoin does no harm to the state, and does not affect inflation and deflation.
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.
Yes of course because everything that is profitable under the economy should be paying tax in order to legalize the process of all the undergoing transactions . Maybe the expansion of BTC community will get low than usual.
One famous president once said that to be born, die and pay taxes – this is the right of everyone. And it sounds wise. If the crypto exchange will vast on whole globe it will need some government interference meaning the imposition of tax. And this is naturally – if you want to be sure that your transactions and profits are more or less secured. If the tax is adequate it may attract more moneyholders into cryptomarket increasing demand and the price of bitcoin which is lucrative for investors at that time.
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.
Maybe the expansion of BTC community will get low than usual.
I follow to the government want because i believe paying taxes can help other people and to improve our country's community. Also long as i earn i pay taxes but if not i wont Pay taxes.
If bitcoin is already regulated taxation will be applicable to all transaction depends on. the law that will be imposed by the government of each country and we cannot do anything about that but to follow the law and pay taxes.
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 think so. Do you pay tax when you’re working online job? 🤔I have never seen that before in my country where I live. Even I never paid tax before in my country, I believe that only those that are working for the government that are meant to pay tax, cause they are ones that are being paid by the government. I can’t be paying tax when I’m working to survive on my own. Maybe the expansion of BTC community will get low than usual.
because my country did not follow such a thing so I do not know how US government works to ask taxes on bitcoin investors
Well, I think there is short possibility for a tax to occur in many cryptocurrency, cause many users of different currency are not sticking longer with one currency they depends on its performance, well in making transaction with another wallet tax is present cause the it belong in the transaction fee, but one thing i am sure that it would not have greater effect on the demand of people using different currency, because many people knows to deal in those circumstances.
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 think so. Do you pay tax when you’re working online job? 🤔I have never seen that before in my country where I live. Even I never paid tax before in my country, I believe that only those that are working for the government that are meant to pay tax, cause they are ones that are being paid by the government. I can’t be paying tax when I’m working to survive on my own. Maybe the expansion of BTC community will get low than usual.
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 can say that the main point in this process is that the government would not put it the way that we will be uncomfortable to pay those taxes, let's say if tax would be 50% of your earnings. I think this would be really bad. Maybe the expansion of BTC community will get low than usual.
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