Weel, the crypto market is changeable, so no forecasts can be made.
At the moment, with a little attention, it is easy to escape the tax.
But in the future,we don't known.
And we must be careful not to make mistakes that may be very expensive in the future.
Topic: Bitcoin holders will have to pay their tax? - page 24. (Read 4380 times)
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 was going through my own. The only one who are respectable in many ways, the market. I even its own site for me but we should do that bitcoin is not a good thing. I even the most important than one that bitcoin and technology. The only thing for me, I believe that bitcoin and technology 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.
no need to worry about it. Because the government does not know exactly who owns the bitcoin and how much they own. Bitcoin is completely transparent with the transaction, but it is also completely anonymous on the owner. It's like a double-edged sword.
It would however play in different ways for every country since they are all going to have their own principles when it comes to taxation anyway.
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 people our willing to pay tax to bitcoin because I think it is a right thing to do and but its hard to identify who are the bitcoin users I think the best thing to do is to put one agency where the user can convert their bitcoin into cash by that they can identify the identity of the users and government can put proper tax and I hope it will not lead to corruptions. Maybe the expansion of BTC community will get low than usual.
This question is not unique for all countries and mainly depends how Bitcoin is or is not regulated in each particular country.
So far in most of the countries you don't have to pay tax on Bitcoin if you just keep it as an asset. But you do have to pay taxes on Bitcoin transactions or Bitcoin business if you have it.
I don't think that the regulation would be such that you have to pay taxes on Bitcoin holding and for tax authorities that would be hard to track and monitor so I think tax payment will remain only on Bitcoin traffic.
So far in most of the countries you don't have to pay tax on Bitcoin if you just keep it as an asset. But you do have to pay taxes on Bitcoin transactions or Bitcoin business if you have it.
I don't think that the regulation would be such that you have to pay taxes on Bitcoin holding and for tax authorities that would be hard to track and monitor so I think tax payment will remain only on Bitcoin traffic.
Bitcoin Tax is a term which has still not been defined in our country's Income Tax act. Though the learned Chartered Accountants say that you have to declare income from everything earned during the year may it be capital gains,Rental income,or profit from Bitcoins.An official response from many Govt's is still awaited as they have told Bank's to stay away from dealing in crypto's and converting them in fiat currency.
Yes. I think so, BTC holders always pay for the transaction. And the middleman is the trading platform that will benefit the most. I think we make and keep the owners of trading floors.
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 think it will be hard for the government to implement it. It is hard for the government to put taxes since cryptocurrency alone is too hard for them to manipulate because it is anonymous. I believe that it would also be a heavy burden for us if we'll 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 think the government cannot force bitcoin holders to pay taxes. Why? Simply because of the concept of bitcoin's anonymity. They cannot trace whose citizens have bitcoin and whose citizens who do not have. If they will add tax in bitcoin transaction, it will really add burden to bitcoin holder additional to transaction fee we paid upon processing a transaction. But no matter how we complain If the government will really impose taxes, we have nothing to do but to follow. If we cannot control it, then there must be proper and clear regulations to implement and follow.Maybe the expansion of BTC community will get low than usual.
if the government accepts tax payments using cryptocurrency as well, then this is not a problem for me
the tax may be only a few percent, while bitcoin, always up and down with a minimum of 10% change per month, I do not mind that
but we see from the beginning of the year 2018 bitcoin prices plunged in, and i think this is fluctuating, it should be taxed under various conditions, but in my country the government has not legalized it, so it is difficult to regulate it the tax may be only a few percent, while bitcoin, always up and down with a minimum of 10% change per month, I do not mind that
if the government accepts tax payments using cryptocurrency as well, then this is not a problem for me
the tax may be only a few percent, while bitcoin, always up and down with a minimum of 10% change per month, I do not mind that
the tax may be only a few percent, while bitcoin, always up and down with a minimum of 10% change per month, I do not mind that
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 government cannot force bitcoin holders to pay taxes. Why? Simply because of the concept of bitcoin's anonymity. They cannot trace whose citizens have bitcoin and whose citizens who do not have. If they will add tax in bitcoin transaction, it will really add burden to bitcoin holder additional to transaction fee we paid upon processing a transaction. But no matter how we complain If the government will really impose taxes, we have nothing to do but to follow. If we cannot control it, then there must be proper and clear regulations to implement and follow. Maybe the expansion of BTC community will get low than usual.
I think they should, like a bank. The higher they have the higher the bitcoin also the taxes they have to pay, because bitcoin prices are getting higher each day.
Still depend on where the place you belong, in some country paying taxes is required but in my case we don’t need to. Banks will not collect taxes from you, only the government can impose that. Regulation is needed before the hodlers pay the tax. 
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.
no need to worry about it. Because the government does not know exactly who owns the bitcoin and how much they own. Bitcoin is completely transparent with the transaction, but it is also completely anonymous on the owner. It's like a double-edged sword.
In many countries Bitcoin and any other AltCoin have the same status of an asset. They already apply the same rules of assets on Crypto-Currencies too. However it's not so easy as Crypto-Currency is near to anonymity and it's hard to know who owns Bitcoins. Theoretically everyone has to pay a determined percentage of their profit made with Crypto-Currency to the government, but in case of loss the investor is playing by themself, the government doesn't share the loss...
Is the government wants to pay taxes then we will definitely pay for them it is my opinion because there any problem then help us from government will definitely needed for all the people we kind is not a standard one we will make can open investigate if there any and 11 things happen from bitcoin then government will accept the regulations and problem.
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.
no need to worry about it. Because the government does not know exactly who owns the bitcoin and how much they own. Bitcoin is completely transparent with the transaction, but it is also completely anonymous on the owner. It's like a double-edged sword.
In many countries Bitcoin and any other AltCoin have the same status of an asset. They already apply the same rules of assets on Crypto-Currencies too. However it's not so easy as Crypto-Currency is near to anonymity and it's hard to know who owns Bitcoins. Theoretically everyone has to pay a determined percentage of their profit made with Crypto-Currency to the government, but in case of loss the investor is playing by themself, the government doesn't share the loss...
I think they should, like a bank. The higher they have the higher the bitcoin also the taxes they have to pay, because bitcoin prices are getting higher each day.
It depends on where they are located and if they want to withdraw their bitcoins, otherwise they wont have to pay any taxes so far
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.
maybe if now they still have not paid taxes because there is no obligation where storing bitcoin is not taxable, only when the transaction is taxed.
Paying taxe is a must is it really important this is the obligation that you need to do for the economy
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 believe that it will happen someday that the government would like to put tax in bitcoin users and i think it will be bad because we will not earned the same money that we are earning anymore. Bitcoin will lose all of its investors if this will happen. Maybe the expansion of BTC community will get low than usual.
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