Topic: Do Bitcoins have Tax?? - page 39. (Read 40195 times)
I think that bitcoin doesnt have tax.In short each transaction is free of taxes.There are just taxes i think if you will pay bills online like electricity bills and internet bills or when you cashout on banks,but thats just a small tax compare to physical money that taxes reaches about 5%-10% of your money.Bitcoin taxes just small amount.
i think bitcoin has no tax and bitcoin is free for all tax is for transfer or if you pay bills exhancge has taxes too but someday if our goverment accept bitcoin for sure it will be have tax soon
it depends on your country but in wallets ofcourse they have tax like 20k satoshi or if your buying some goods like foods and i think for me theres no tax on bitcoin
It depends by country. In my country the governement taxes income. So at the end of the year i have to declare my bitcoin income.
Products etc. are not taxed btw.
Products etc. are not taxed btw.
I think it's no tax on bitcon and there is only fee for each transaction. but if Government start accepted bitcoin, i'm sure government will take Tax for bitcoin.
Obviously, if your in big debts your still looking for new ways to milk your citizens. Im not sure how could they tax Bitcoin specifically, but eventually if cryptocurrecies become much more popular I expect Governments starting trying to tax Bitcoin holdings or Bitcoin transactions.
tax? is transaction fee a tax?
otherwise I'm sorry. but to me it looks like a tax.
otherwise I'm sorry. but to me it looks like a tax.
I think it's no tax on bitcon and there is only fee for each transaction. but if Government start accepted bitcoin, i'm sure government will take Tax for bitcoin.
Exchanges has taxes, so if you are using one, then probably you are paying taxes, I just don't know about blockchain, if they are recognized by the state where they are situated and paying taxes..
I think it's no tax on bitcon and there is only fee for each transaction. but if Government start accepted bitcoin, i'm sure government will take Tax for bitcoin.
There is no tax on Bitcoin in my country at the moment. I don't declare my Bitcoins as profit because of that and by the way I don't even know how to write them in the annual tax form haha. I guess trying to explain to the folks over there what Bitcoin is and how it's digital money would be kinda hard. And the government doesn't need to know I am holding Bitcoins it's not a crime yet right.
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??
The tax goes to the miners, and the miners are the people who confirm your transactions so they go through. 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??
Since tax is organised by goverment so it depends on every country.
Bitcoin can be considered as digital currency, so I'm sure there is country that have rules about it.
Bitcoin can be considered as digital currency, so I'm sure there is country that have rules about it.
I think yes, it should have the same rules as for other currencies etc, but I did not saw any rule created for it by any state or any government,
bitcoin doesn't have tax but Transaction does have minimal fee and it is paid to miners.
Why are people still unclear about this? In the U.S. (and most everywhere else) taxes are required when you make any money. There is no question about it.
Unless you put your money from bitcoin in off shore accounts like so many of those government officials named in the panama papers did. Putin says he is proud of what he did in the hiding of his assets.
Why are people still unclear about this? In the U.S. (and most everywhere else) taxes are required when you make any money. There is no question about it.
Unless you put your money from bitcoin in off shore accounts like so many of those government officials named in the panama papers did. Putin says he is proud of what he did in the hiding of his assets.
Why are people still unclear about this? In the U.S. (and most everywhere else) taxes are required when you make any money. There is no question about it.
I think bitcoin have no tax since started . but I don't know if the owner of bitcoin will pay taxes
Bitcoin is a legit and safe cryptocurrency.
yes its true,bitcoin never have tax,and i think this is why people love bitcoin,rich people will glad to have bitcoin because its not have tax,but in future i think bitcoin will have tax soon,its prevent people to create money laundering from bitcoin.Bitcoin is a legit and safe cryptocurrency.
I dont think that they can impose tax on bitcoin users they only way they can give tax are for the merchants who wants to sell their goods online which will need shipment to be deliver.
I can't say if it will or not. But it is same as if you were receiving money in paypal. If it is over a certain amount of that is contributing to your overall income, then you would need to claim it at the end of the tax year. But it depends on the country that you reside in. Some people get away with not paying taxes on anything under $1200 of unclaimed income in some parts of the world.
No currency in the world has tax only the goverment has it
Your really taxed based on your country of residence rules and it really doesnt matter if you pay with cash or Bitcoin. Thought there is sometimes tax on bank deposits, which cannot apply to Bitcoin (but you can be taxed based on your wealth which includes your Bitcoin holdings)
Since tax is organised by goverment so it depends on every country.
Bitcoin can be considered as digital currency, so I'm sure there is country that have rules about it.
I think it does not make sense. Okay when we address the government's discretion. but what if we have another address? the government certainly would not know about it. and we can be free from tax? very easy to hide itBitcoin can be considered as digital currency, so I'm sure there is country that have rules about it.
give taxes to bitcoin is something that is difficult and impossible
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I think bitcoin have no tax since started . but I don't know if the owner of bitcoin will pay taxes
Bitcoin is a legit and safe cryptocurrency.
yes its true,bitcoin never have tax,and i think this is why people love bitcoin,rich people will glad to have bitcoin because its not have tax,but in future i think bitcoin will have tax soon,its prevent people to create money laundering from bitcoin.Bitcoin is a legit and safe cryptocurrency.
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