Bitcoin doesn't have tax.
Whatever the Country Bitcoin is located in, the Government will try to add a taxed percentage fee onto it.
So to answer your question, it depends on the location.
With regular areas like Russia, India, etc, they don't really see a point to Bitcoin right now but when they do I think that taxes will be the very least of their concern. Maybe.
Topic: Do Bitcoins have Tax?? - page 25. (Read 40193 times)
i think bitcoin don't have tax, but if this is about withdrawing bitcoin into fiat, i think there is a tax i mean is not like a tax but administration fee that will we see on our account. but for using bitcoin, i think its free from tax, don't know what will be happen if bitcoin is accepted by all country, maybe there is tax for using bitcoin in future.
If bitcoin be accepted on all of countries will there is tax must be paid but depend on the country that adopt bitcoin, if bitcoin be considered gold i think there is tax, but if bitcoin be considered money i think there is not tax in money. 
i think bitcoin don't have tax, but if this is about withdrawing bitcoin into fiat, i think there is a tax i mean is not like a tax but administration fee that will we see on our account. but for using bitcoin, i think its free from tax, don't know what will be happen if bitcoin is accepted by all country, maybe there is tax for using bitcoin in future.
in a few cases bitcoin have the same taxes as forex/stocks, but depends on which country you are from. in any case, it isnt hard to "hide" them 
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. I am also still confused whether I have to pay taxes or not, because I have had income of bitcoin by an amount in accordance with the rules of my government, whereby if the annual income above $10,000 must pay taxes.
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As i know this is connected to fiat earning, if you mooved those money at your account you should declare those money, if those money still at bitcoin wallet i do believe there isnt need as some countries arent see well bitcoin transactions, and might try to get your coins connecting them to ilegal stuff.
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As i know this is connected to fiat earning, if you mooved those money at your account you should declare those money, if those money still at bitcoin wallet i do believe there isnt need as some countries arent see well bitcoin transactions, and might try to get your coins connecting them to ilegal stuff.
I am also still confused whether I have to pay taxes or not, because I have had income of bitcoin by an amount in accordance with the rules of my government, whereby if the annual income above $10,000 must pay taxes.
you most probably dont have to, at least most of the people dont do that as far as i know, you shouldnt have problem, though thats just my opinion I am also still confused whether I have to pay taxes or not, because I have had income of bitcoin by an amount in accordance with the rules of my government, whereby if the annual income above $10,000 must pay taxes.
on bitcoins right now there are no taxes but actually if you change it into dollars then you would have to do it 
I am also still confused whether I have to pay taxes or not, because I have had income of bitcoin by an amount in accordance with the rules of my government, whereby if the annual income above $10,000 must pay taxes.
Can we ask what government you mean? The rules vary wildly around the world, but almost all places require taxes to be paid for income or growth of capitol.
I am also still confused whether I have to pay taxes or not, because I have had income of bitcoin by an amount in accordance with the rules of my government, whereby if the annual income above $10,000 must pay taxes.
Well if you are just here in my country as long as your salary came from online job. You don't have to pay taxes because online jobs are not covered by the taxation here in my country. But the disadvantage of not paying tax is that whenever you are going ask the bank for a loan they are not going to approve you because you are not a taxpayer.
Indeed the procedure of tax like that and I am sure all countries implement the provisions as you are talking about, all countries will surely act decisively to those who do not comply with the regulation that has been done. But I think the bitcoin not including things that should be given to tax, because it has not been approved by the bitcoin all countries
I am also still confused whether I have to pay taxes or not, because I have had income of bitcoin by an amount in accordance with the rules of my government, whereby if the annual income above $10,000 must pay taxes.
Well if you are just here in my country as long as your salary came from online job. You don't have to pay taxes because online jobs are not covered by the taxation here in my country. But the disadvantage of not paying tax is that whenever you are going ask the bank for a loan they are not going to approve you because you are not a taxpayer.
I am also still confused whether I have to pay taxes or not, because I have had income of bitcoin by an amount in accordance with the rules of my government, whereby if the annual income above $10,000 must pay taxes.
If that's the case, then you must report everything you gained/received in Bitcoin in your yearly tax declaration. If it's not really traceable, then you can even choose to simply not declare anything. Do keep in mind that when you report that you have had a certain income in Bitcoin, that they will know about it. When the price goes up significantly, they will know where to find you.
I am also still confused whether I have to pay taxes or not, because I have had income of bitcoin by an amount in accordance with the rules of my government, whereby if the annual income above $10,000 must pay taxes.
Well not sure how did you even think of this that do bitcoins have tax. Each and everything where you have earn profit is taxable by government , depending upon country to country and few of the exceptions may be there where particular thins may be tax exempt. By far no government has made the income of bitcoin to be tax free.
In America, income tax is voluntary. The IRS even says so. Of course, the word "tax" means that it is involuntary, so paying IRS taxes is voluntarily involuntary. When you figure out what this means, you just might see how to volunteer out of the income tax system.
If people think Bitcoin is not income, do they need to pay? Fortunately in my country, government does not charge tax on all incomes, only charges salary tax. Earning on stock is not needed to pay 20% of income tax in some countries.
Well not sure how did you even think of this that do bitcoins have tax. Each and everything where you have earn profit is taxable by government , depending upon country to country and few of the exceptions may be there where particular thins may be tax exempt. By far no government has made the income of bitcoin to be tax free.
In America, income tax is voluntary. The IRS even says so. Of course, the word "tax" means that it is involuntary, so paying IRS taxes is voluntarily involuntary. When you figure out what this means, you just might see how to volunteer out of the income tax system.
Well not sure how did you even think of this that do bitcoins have tax. Each and everything where you have earn profit is taxable by government , depending upon country to country and few of the exceptions may be there where particular thins may be tax exempt. By far no government has made the income of bitcoin to be tax free.
Thome tax have thumb tacks. 
No there
Exactly there is no hidden tax for using bitcoin. If you have millions our billions of bitcoin then also no one will come to collect traffic from you and also that's not black money because it's a digital asset and not any currency , although it's known as cryptocurrency but it's a digital assets that's what's i know
Bitcoin is completely decentralized which means no organization either government or public can alter the production and transfer policy. No one can impose tax or whatsoever in bitcoin. You are the bank, you ate the wallet you are the all except inventor. So there is no tax applicable on bitcoin so you can do whatever you want to do with bitcoin for free but while transaction wallet will cut a fees which is very less.
Exactly there is no hidden tax for using bitcoin. If you have millions our billions of bitcoin then also no one will come to collect traffic from you and also that's not black money because it's a digital asset and not any currency , although it's known as cryptocurrency but it's a digital assets that's what's i know
Bitcoin is completely decentralized which means no organization either government or public can alter the production and transfer policy. No one can impose tax or whatsoever in bitcoin. You are the bank, you ate the wallet you are the all except inventor. So there is no tax applicable on bitcoin so you can do whatever you want to do with bitcoin for free but while transaction wallet will cut a fees which is very less.
Some countries I am sure are thinking of legalizing bitcoin as a real currency and once that happens it means employers or self employed people will be able to put bitcoin earnings into their tax returns. I am sure this is happening slowly in some advanced countries.
Since bitcoin is an internet currency that can be turn into a actual money. And Bitcoin too is known on Government but still government can't observe bitcoin that good. So I'm thinking if Bitcoin has tax??
Edit:
Now I know that bitcoin doesn't have tax but Transaction does..
Where do these Tax go?Government? And what kind of tax is it??
Edit:
Now I know that bitcoin doesn't have tax but Transaction does..
Where do these Tax go?Government? And what kind of tax is it??
Bitcoin has no tax deduction in every transaction we made. Probably, once the government of each country will realize or discover the advantage of bitcoin, I think some of the official in the government will make a resolution about in bitcoin.
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