Topic: Bitcoin holders will have to pay their tax? - page 9. (Read 4377 times)
This can be very complicated, right? In order to do that, the government authorities need to link all the crypto-wallets to the individuals, as a lot many of the users won't be ready to reveal their crypto holdings. And doing so is going to take a lot of time and effort.
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, if we are all oblige to pay Bitcoin taxes then this mean Bitcoin is now accepted everywhere in which the more the commodity is legal then the more will people will trust and join the investment because their confidence level for the security is high. In general, Bitcoin will become more stable and strong due to high demand of it.
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, if we are all oblige to pay Bitcoin taxes then this mean Bitcoin is now accepted everywhere in which the more the commodity is legal then the more will people will trust and join the investment because their confidence level for the security is high. In general, Bitcoin will become more stable and strong due to high demand of it.
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.
if the bitcoin holder is subject to tax, the question is which country will apply the bitcoin owner's tax, while the bitcoin owner is without a country, globally around the world so that the government can apply sales and purchase taxes related to their respective countries can be applied, income tax and taxes Incoming goods or asset taxes, which are also of little value, indicate that bitcoin is recognized in the tax collection country, and the effect is also very good. 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.
I dont think so. If bitcoin holder have to pay taxes, its means government already regulate bitcoin and cryptocurrency and thats mean more investor will confident to invest in cryptomarket. It will make cryptocurrency growing and market cap value will increase.
Paying taxes is obligation every citizen and i think its good for crypto community if bitcoin holder have to pay taxes
You should listen to news and read latest articles in order to stay update. Bitcoin has been successfully recognized by so many developed countries of the world such as America, England, Japan and so on. Recently Germany has also recognized bitcoin which means it is legal in these states. Bitcoin is decentralized so no one can put tax on it.
If people cooperate with government then it will build economy as well and our living style will become more comfortable. Fiat is also helping us out in our countries but when we look at the cryptocurrency and furthermore discuss about tax then it feels irrelevant to pay tax on it as it is decentralized and government should give us free hand in it as they are collecting tax on other things so they have to make it tax free for us just like other countries are tax free for it. Government can make our living style comfortable as they are taking tax from us in other things.
If it is regulated by government, I think is no a matter. As a good society and citizen we should follow the rules and government laws because the rules made for better life not to harm. In fact today only a view countries that legalize crypto currency, this taxation system can be implemented when all citizen get fully in to crypto currency. So, there will be social discrepancy.
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.
Government and tax is guaranteed for certainty when accepted as a full currency. But I did think that government will get their taxes via transactions made on bitcoin and possible ethereum too; if both are being used as means of spendings.
I disagree with the implementation of tax collection on btcoin holers, because that would be very detrimental to them because they have already paid GAS for each of their transactions, which need to be taxed in my opinion.
Still included in the type of transaction tax (VAT) that we have paid directly when making transactions on the local exchange market, but we also have an obligation for income tax and this is something important in taxes,
if the state does not give you something binding like this, then the state will also not get economic benefits, while their currency continues to be converted to crypto globally without state monitoring.
I disagree with the implementation of tax collection on btcoin holers, because that would be very detrimental to them because they have already paid GAS for each of their transactions, which need to be taxed in my opinion.
How do even "count" how much one person have earned through the bitcoin trading for taxation? I don't really see the way how that could be taxed in some way.
That doesn't look possible, and I actually see no clue in such law because I wonder how would they collect such taxes.
I think it's just around the corner. Taxes are now being imposed on everything that is, soon a tax on air will appear yet
Of course, 40% of the Bitcoins population has joined Bitcoin only because they do not have to pay taxes here, but if the government decided to legalize it then they will implement taxes upon it. There is surely going to make things a little harder but I am sure that nobody is going to leave the Bitcoin system because of this. The thing is if people pay 50% of the amount spending on Bitcoins has the tax then they will choose whether to use the faint money instead of using the virtual currency. It is simply like torturing the system.
Maybe Bitcoiner's income will decrease if the government requires to pay taxes but it seems this is impossible because bitcoin is illegal in most countries so the government does not have the slightest right to require bitcoin holders to pay taxes
No, I don't think that they have to. And I can't imagine a law which will make them to do so, BTC wallets are non-personalized.
They are still looking for ways, it is very difficult but they will try to limit the loss of budget. Taxes are the lifeblood of a nation, bitcoin holders will good source of income if they can control these people.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.
You only pay your taxes if you fear the terrorists attempting to extract it out of you. Stop identifying yourself with KYC. Stop expecting the government to save you (they are killing us off). Stop letting them steal from you. You didn't sign up for it.
Yes. For sure.
I wouldn't skip taxes for any reason. I know that it is good for the government, for my country and the people when all citizens pay taxes.
In poorer countries, the taxes are low and people also skip paying taxes which cause the country a lot of problems.
It is good to pay taxes.
I wouldn't skip taxes for any reason. I know that it is good for the government, for my country and the people when all citizens pay taxes.
In poorer countries, the taxes are low and people also skip paying taxes which cause the country a lot of problems.
It is good to pay taxes.
Some just don't want to pay taxes because they can see that the officials of the government are corrupt and just using the funds for their own benefit. If the taxes are use properly then there should be progress in a country but then there are so many corrupt officials that's why those who wanted to pay would think twice. All people who has income should pay their taxes because it's the blood of the government and without it, it wouldn't be able ti function properly. It depends on the law of your government if you have to pay tax or not.
Yes. For sure.
I wouldn't skip taxes for any reason. I know that it is good for the government, for my country and the people when all citizens pay taxes.
In poorer countries, the taxes are low and people also skip paying taxes which cause the country a lot of problems.
It is good to pay taxes.
I wouldn't skip taxes for any reason. I know that it is good for the government, for my country and the people when all citizens pay taxes.
In poorer countries, the taxes are low and people also skip paying taxes which cause the country a lot of problems.
It is good to 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.
Whats wrong in tax? its good for development of country, and i think you are pay tax in everything you buy and for everything you eat. I dont think its a problem that will makes me stay away from cryptocurrency.Maybe the expansion of BTC community will get low than usual.
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