Author

Topic: Capital Gains Tax (Read 856 times)

hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
March 15, 2012, 12:34:47 PM
#8
Not too bad really.. just 6.5% more than you guys.

Well the Hague convention has made things a bit more comfortable for me here in South Korea.
newbie
Activity: 28
Merit: 0
March 15, 2012, 12:31:33 PM
#7
Not too bad really.. just 6.5% more than you guys.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
March 15, 2012, 12:31:02 PM
#6
I'm in Canada actually... up here it is 50% of what you earned times your tax rate

For example...

$100 x 50% x 43% = $21.5(21.5%)

Jesus christ on a cracker.
newbie
Activity: 28
Merit: 0
March 15, 2012, 12:29:22 PM
#5
I'm in Canada actually... up here it is 50% of what you earned times your tax rate

For example...

$100 x 50% x 43% = $21.5(21.5%)
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
March 15, 2012, 12:19:59 PM
#4
OKAY, in the USA it really is 15% WOWWWWW, USA IS SO COOL

You must be new. (To the USA)
newbie
Activity: 28
Merit: 0
March 15, 2012, 12:18:23 PM
#3
OKAY, in the USA it really is 15% WOWWWWW, USA IS SO COOL
legendary
Activity: 2506
Merit: 1010
March 10, 2012, 02:33:40 PM
#2
 - http://en.bitcoin.it/wiki/Tax_compliance#Are_my_bitcoins_taxed_as_income.2C_or_as_capital_gains.3F

But is bitcoin a currency, like the Euro and Yen?  Or is it a commodity like gold or oil.   It probably isnt' a security.

Related:
 - http://blog.bitcointitan.com/post/17789738826/what-u-s-regulations-apply-to-bitcoins-as-commodities
newbie
Activity: 28
Merit: 0
March 10, 2012, 02:30:41 PM
#1
It's not just 15%, check with an accountant or tax lawyer to know.
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