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Topic: Do you pay taxes on your crypto currency? (Read 1488 times)

hero member
Activity: 514
Merit: 500
August 21, 2017, 09:54:25 AM
#46
I live in the country where the government is always too late when it comes to modernization, so my answer is no, and when half of the countries in this world start asking for taxes then after that maybe my country will think about it  Grin
full member
Activity: 723
Merit: 106
STABILA [STB] - Decentralize The Financial System
August 21, 2017, 09:28:00 AM
#45
Do you guys pay taxes on your crypto currencies? What do you guys think of taxes when it comes to decentralized crypto?
no, i don't pay it, because not any rules for pay it, so just hold in your hand
full member
Activity: 159
Merit: 100
August 21, 2017, 07:18:37 AM
#44
No, I do not pay tax on crypto currency and do not want to be legalized in my country or to have some kind of law on the payment of the tax on crypto currency. I want to use an uncontrolled currency.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
August 20, 2017, 06:58:02 PM
#43
Everyone's not paying taxes with using crypto. That's one thing that makes it popular to many users. The fact that it's not corrupted by the current system and that can't be manipulated and monopolized is what's making crypto in demand nowadays.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
August 16, 2017, 11:41:17 PM
#42
Nope. Till now I haven't paid taxes on my income from crypto-currency. I have sold a few of my coins during the past 3 years, but I used Localbitcoins and never paid any taxes over the gains.
hero member
Activity: 840
Merit: 501
August 16, 2017, 10:58:42 PM
#41
No, because crypto currencies not yet being legalized, so I dont know whether it is consider as asset or currency, and the government not really care about it, and I only got very liitle income from crypto currencies
full member
Activity: 154
Merit: 100
August 16, 2017, 06:49:21 PM
#40
Why should I? I've been taxed very high with my salary. I'm not even earning yet, I'm still investing in crypto, I still have to wait for a little longer.
full member
Activity: 161
Merit: 100
August 16, 2017, 06:41:24 PM
#39
I spend my crypto mostly for online/digital goods and I really don't even transact with that much so no. You can't pay sales tax with bitcoin anyways. Once the governments start cracking down and see the money though I would assume it's a good idea to pay taxes.
hero member
Activity: 1190
Merit: 504
August 16, 2017, 06:37:52 PM
#38
Do you guys pay taxes on your crypto currencies? What do you guys think of taxes when it comes to decentralized crypto?

No I'm not paying any tax in crypto.
Here in my country in every purchase you make there's a taxation already and for sure when I cashout my bitcoins, the exchange is being taxed.
full member
Activity: 294
Merit: 100
August 16, 2017, 06:14:05 PM
#37
Personally i know i am not paying any taxes for my bitcoins...
But it may be a different story when i am tin transaction with converting agencies..
I don't know if part of their services charges is deducted of tax or not...
.
sr. member
Activity: 546
Merit: 257
August 16, 2017, 05:57:14 PM
#36
Correct me if i'm wrong, but more than the 90% of countries don't accept BTC to pay taxes. It's a non sense question. Even if we could who would that?

I think we pay taxes using bitcoin when we made some transactions over an exchanger site. But that taxes is not mine but for the owners of the exchanger site to be payed in their government. Maybe we may not call it a tax but we may cal it as a fee.
sr. member
Activity: 1974
Merit: 350
August 16, 2017, 05:21:35 PM
#35
Right now when it's not regulated it's better not to pay taxes, good to save time and money
But in general I consider mining, transaction fees as taxes type - so in this case everybody pays taxes)
full member
Activity: 479
Merit: 100
Enter the future of gaming
August 16, 2017, 11:02:42 AM
#34
I've realized some gains this year and I could declare that money, rate for capital gains is from 28 to 35%, but I have a lot of deductible expenses and I wouldn't have to actually pay anything.

Hope in the future I make so much money I actually have to pay taxes. Cheesy
full member
Activity: 244
Merit: 100
August 16, 2017, 10:53:34 AM
#33
No, i don´t pay taxes with my cryptocurrency, well not right now but who knows in the future jeje
full member
Activity: 2520
Merit: 204
August 16, 2017, 10:51:32 AM
#32
i can't pay taxes for the crypto currency i only pay the service transactions in online wallet, taxes for the crypto currencies is not regulated by the government as a decentralized currency, but i will pay the taxes if the crypto currency regulated by every country under the government law. but now have nothing law about taxes in any government institution for the crypto currency.
sr. member
Activity: 241
Merit: 250
Tokens That Store Virtual Energy
August 16, 2017, 10:42:33 AM
#31
I do not pay tax on the crypto currency, because in our country nothing is said about this and in general I consider the taxation of theft. I'd rather do charity for those in need than pay taxes.
sr. member
Activity: 462
Merit: 250
August 16, 2017, 10:33:15 AM
#30
I am not paying taxes for using crypto currency. This was initially the main idea of avoiding taxation and ability to use the currency in a free way.
full member
Activity: 322
Merit: 100
I do not pay taxes for my crypto currency, because in our country it was not mentioned about this and I do not have so much yet. In addition, I consider the whole system of taxation theft.
full member
Activity: 168
Merit: 100
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
Nope. I don't pay taxes and i don't think anyone's been doing so yet. Cryptocurrencies haven't been globally accepted yet and a few countries have just started adopting it. It would have to be more widespread and the features of crypto would make it hard for governments to tax crypto.
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