Topic: Do Bitcoins have Tax?? - page 29. (Read 40193 times)
Since bitcoin has no regulation and not recognize by the government in our country, there is no tax in it yet and hopefully they wont implement that because its a pain for the users nobody wants it.
in my country there are non bitcoin tax, but I believe other countries does...just saying.....
there's still very few countries which taxing bitcoin or i can say almost none,bitcoin can't be taxed directly because it's decentralized,the government could only taxing bitcoin through every transaction that was made by the merchant who lives in the specific area/region that taxing bitcoin
in my country there are non bitcoin tax, but I believe other countries does...just saying.....
bitcoin do not have tax in my country, but I believe other countries does.....though just saying...
There are several options to consider in providing a framework for the taxation of bitcoin and bitcoin transactions. It is clear that bitcoin is an intangible property. The specific type of property, however, is elusive. Possible tax categories for bitcoin include taxing it as personal property, a commodity, a currency, a security or a debt instrument. Bitcoin has qualities resembling all of these property forms, yet it does not neatly fit any of them. Irrespective of the difficulty of finding a good match, bitcoin’s classification has had and will continue to have significant tax consequences.
My bitcoin not use TAX
because my country not regulated about bitcoin
but is exchanger market placed bitcoin in my country is legal company and ready paid TAX
I think wherever you use bitcoin. no one will be able to give you a tax. although there are regulations of a single country. bitcoin will not be given a tax. bitcoin is not suitable for it because you could easily not to pay taxes. because bitcoin is very anonymous because my country not regulated about bitcoin
but is exchanger market placed bitcoin in my country is legal company and ready paid TAX
My bitcoin not use TAX
because my country not regulated about bitcoin
but is exchanger market placed bitcoin in my country is legal company and ready paid TAX
because my country not regulated about bitcoin
but is exchanger market placed bitcoin in my country is legal company and ready paid TAX
in my country bitcoin is not a part of currency and no regulation about it, bitcoin is legal people can use it but no tax at bitcoin. maybe in future goverment will make regulation if bitcoin booming in my country.
However, it’s hard to use bitcoin directly here so I hope it’ll get more attention from people and the government and then bitcoin might have tax.
My bitcoin not use TAX
because my country not regulated about bitcoin
but is exchanger market placed bitcoin in my country is legal company and ready paid TAX
because my country not regulated about bitcoin
but is exchanger market placed bitcoin in my country is legal company and ready paid TAX
in my country bitcoin is not a part of currency and no regulation about it, bitcoin is legal people can use it but no tax at bitcoin. maybe in future goverment will make regulation if bitcoin booming in my country.
i think it is good that there is no tax to use this internet currecy . if there will tax like practical money then the use of the btc will be down and it will be useless .
My bitcoin not use TAX
because my country not regulated about bitcoin
but is exchanger market placed bitcoin in my country is legal company and ready paid TAX
because my country not regulated about bitcoin
but is exchanger market placed bitcoin in my country is legal company and ready paid TAX
It's normal, be happy that it is like that, atleast it is not banned in your country and the government does not care that much about it.. It is normal too that the exchange site is paying taxes, They are residing in your country and using the service of the your government, so definitely they have to pay tax in your country...
And you too.. when you use the exchange site to convert your bitcoin to money and withdraw it on the remittance centers, they will impose tax on your money...
In my country there no tax for betcoin.its dependence upon our government. same country have tax for Betcoin .my friends told that in their country have changed..
LOL, but the government is not including bitcoin on their regulation and cause by that the government is not putting a tax. but it's just a miracle for me to happened. but you're forgetting about the tax is you always get if you wanna for making any transaction.
My bitcoin not use TAX
because my country not regulated about bitcoin
but is exchanger market placed bitcoin in my country is legal company and ready paid TAX
because my country not regulated about bitcoin
but is exchanger market placed bitcoin in my country is legal company and ready paid TAX
Why do you bring "tax" into a beautiful thing like bitcoin? No bitcoins do not have tax. Your earnings do. If you don't report your earnings, there won't be any tax. Voila, problem solved. You still need to be careful tho, you may end up in jail if they find out.
It's true nobody likes taxes but like with every currency and offcourse income there is tax involved in everything. And atlhough most countries just ignore bitcoin totally, some countries decided to ignore acceptance, but not the tax. They started taxing bitcoin on income. But in the near future buying stuff with bitcoin will be taxed too.
In my country there no tax for betcoin.its dependence upon our government. same country have tax for Betcoin .my friends told that in their country have changed..
Why do you bring "tax" into a beautiful thing like bitcoin? No bitcoins do not have tax. Your earnings do. If you don't report your earnings, there won't be any tax. Voila, problem solved. You still need to be careful tho, you may end up in jail if they find out.
It's true nobody likes taxes but like with every currency and offcourse income there is tax involved in everything. And atlhough most countries just ignore bitcoin totally, some countries decided to ignore acceptance, but not the tax. They started taxing bitcoin on income. But in the near future buying stuff with bitcoin will be taxed too.
Why do you bring "tax" into a beautiful thing like bitcoin? No bitcoins do not have tax. Your earnings do. If you don't report your earnings, there won't be any tax. Voila, problem solved. You still need to be careful tho, you may end up in jail if they find out.
Unfortunately, in some countries it is considered as a surrogate cryptocurrency money that should not exist. Therefore, those who are engaged in their earning power persecuted. This is unfortunate. 
Why do you bring "tax" into a beautiful thing like bitcoin? No bitcoins do not have tax. Your earnings do. If you don't report your earnings, there won't be any tax. Voila, problem solved. You still need to be careful tho, you may end up in jail if they find out.
it always depends , because if you use to send your money to another bitcoin wallet ofcourse there's a little tax and if you also use gambling where you send your profit to your bitcoin wallet there's always a tax but if you change you bitcoin into fiat it always depends if what you use because if your from philippines and if you are using coins.ph then probably you know the remitance centers and banks 
Lol crypto to crypto transactions never have a tax.. what you are calling tax is transaction fee, OP is thinking about government tax as far as I know.
I think you just have to pay tax of capital increase once you cash out in fiat, thats all. If they ask me more I just dont know, I don't keep track of the data. Hell MT gox is dead so if they are insane enough to require every transaction I ever did I just dont have that data anymore.
I however don't think there are many people actually declaring their profits and holdings to the IRS to lose out on money. I can't blame them for that.
Having that said, nowadays nearly all serious exchanges force you to verify your account with all your personal information.
If the government somehow force the exchange to hand over details about a certain trader on their platform, then they must do so. Which means, the government will still come after you.
it always depends , because if you use to send your money to another bitcoin wallet ofcourse there's a little tax and if you also use gambling where you send your profit to your bitcoin wallet there's always a tax but if you change you bitcoin into fiat it always depends if what you use because if your from philippines and if you are using coins.ph then probably you know the remitance centers and banks
Lol crypto to crypto transactions never have a tax.. what you are calling tax is transaction fee, OP is thinking about government tax as far as I know.
I think you just have to pay tax of capital increase once you cash out in fiat, thats all. If they ask me more I just dont know, I don't keep track of the data. Hell MT gox is dead so if they are insane enough to require every transaction I ever did I just dont have that data anymore.
go where the tax if bitcoin have a taxes? because bitcoin is not under the government. so it is not feasible to have a tax.
it always depends , because if you use to send your money to another bitcoin wallet ofcourse there's a little tax and if you also use gambling where you send your profit to your bitcoin wallet there's always a tax but if you change you bitcoin into fiat it always depends if what you use because if your from philippines and if you are using coins.ph then probably you know the remitance centers and banks
Lol crypto to crypto transactions never have a tax.. what you are calling tax is transaction fee, OP is thinking about government tax as far as I know.
I think you just have to pay tax of capital increase once you cash out in fiat, thats all. If they ask me more I just dont know, I don't keep track of the data. Hell MT gox is dead so if they are insane enough to require every transaction I ever did I just dont have that data anymore.
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