Quite curious if this has been the case. Obviously I'm hoping it haven't been the case.
Yes, unfortunately in many countries people pay taxes for bitcoins.
Topic: Have people been forced to pay tax over Bitcoin yet? - page 3. (Read 5519 times)
Yes, unfortunately in many countries people pay taxes for bitcoins.
Quite curious if this has been the case. Obviously I'm hoping it haven't been the case.
Yes this is true. If we want the state to legalize the crypto currency and take it under its protection, including judicial protection, we will have to pay taxes. If we do not do this, then the state will be forced to restrict or even ban the decentralized Crypto currency. Considering that the states do not treat the decentralized crypto currency very well, it will do so with great pleasure. Quite curious if this has been the case. Obviously I'm hoping it haven't been the case.
Well, you should voluntarily pay the tax and if that is the rule to your country you don't have choice then you should do it. But i think if forcing? Maybe you force your self to pay because that's require! Well, payment of tax from one earning in crypto currency should be a voluntarily and not by force, but who ever go contrarily against the law of his or her country will definitely face the full rout of the law no doubt am sure is happening in some part of the world.
But if in your country it is required then you are just forced to pay for it, since you don't have any choice but to pay for your tax with your income and that includes income cryptocurrency, if in our country they will require too then I will just have to follow rules rather than putting my name in danger.
Well, payment of tax from one earning in crypto currency should be a voluntarily and not by force, but who ever go contrarily against the law of his or her country will definitely face the full rout of the law no doubt am sure is happening in some part of the world.
for the moment no one is forced to pay tax on bitcoin, in every country there is no provision of tax bitcoin tax, the government also can not force ask tax bitcoin
This is a common misconception, do your research and you will notice you have to pay tax if you made money if you were investing or gambling. Governments don't care what game you played or where you invested, they care about your profits and want a part of it.
You are paying tax yes, but that is if you do it through the conventional investments or gambling. I don't think traders and crypto gamblers are being taxed just yet. Well if there are then it's probably very minimal that not many know about it
Still, Government didn't declare Bitcoin as legal one but our governments are asking to pay taxes on Bitcoin and it's concerned cryptocurrency trading. People have negative concerns about the government because they don't want to legal the Bitcoin.
for the moment no one is forced to pay tax on bitcoin, in every country there is no provision of tax bitcoin tax, the government also can not force ask tax bitcoin
This is a common misconception, do your research and you will notice you have to pay tax if you made money if you were investing or gambling. Governments don't care what game you played or where you invested, they care about your profits and want a part of it.
You are paying tax yes, but that is if you do it through the conventional investments or gambling. I don't think traders and crypto gamblers are being taxed just yet. Well if there are then it's probably very minimal that not many know about it
It depends on the country. Those countries that actively develop cryptocurrency regulation will sooner or later introduce taxes in this area. Among Asian countries, Japan is the most advanced in the field of cryptocurrency regulation, among European countries - Malta.
In my country all fees for transactions or withdrawals incurred in the digital market will be taxed.
I don't know this condition has occurred or not,and hopefully it will never happen but I think the government will not stay silent and will find a way to be able to withdraw tax from bitcoin transactions.
The truth is that you cannot force tax on bitcoin users reason because you may not know all the people that are into bitcoin, so how can you collect tax from someone you dont know,if people have been forced to pay tax on bitcoin i dont know but how exactly to pay tax on bitcoin is a complex issue
In my country (Philippines), they are not imposing or charging taxes to bitcoin users because it is hard to determine who used bitcoin. And there are no laws about charging taxes on bitcoin users yet. Also it's very rare that you see a bitcoin users here because bitcoin here is not that popular. People also are hesitant to buy and use bitcoin. They are calling bitcoin a scam but it's not. I just let them. Anyway, if you give them your income statement. For sure they will charge you with tax. But as long as they don't know what you are doing. You can't be charge for taxes since they don't even know that you are using bitcoin.
Correct mate, I never heard that bitcoin users are paying taxes here in philippines. Truth that bitcoin is not yet that very popular just like me before I am also thinking that btc was part of a scam well I don't blame them because they are not yet educated about it. 
If the tax policies were set up in a fair manner, people wouldn't even need to come up with creative ways to avoid paying tax. It is what it is I guess....
It is what it is for those who know what they sign up for when using centralized exchanges. In that regard, they don't have a choice other than to proceed with feeding the government their hard earned profits. If you are not dealing with anything that reeks of centralization, the choice is there for you to get that bit of freedom. In no shape or form should the government EVER be handed over money that easily.What is the government providing for you that is worthy of everything you hand them over in tax income?
I think it's time for people to realize that this whole government era has grown to what it is today because we allowed it to happen. Governments are there to support everyone where possible, but these times are no longer existent. We have been providing governments passive income for decades, and nothing good came out of it. Instead, if we don't pay tax, we are being treated as criminals, which is mind boggling. Shouldn't that function as a wake up call years ago already?
Each state has the right to tax any activity of citizens, which brings income. If the relevant state bodies make such a decision, we will have to pay taxes on profits in the crypto currency. We are not going anywhere. Evasion of taxes is usually considered a serious crime in any state. Of course, paying or not paying taxes, everyone's business.
Unlike other countries,here we are not force or liable to pay taxes on bitcoin.We are only paying a small amount of fiat money as service fees for every cashing out transaction of bitcoin into fiat money in an exchanger.
In many countries it is already necessary to pay taxes on the btc. I have read for example that in the United States the BTCs are assimilated to the shares and the gains on the BTC should be taxed as if they were capital gains. In Europe, on the other hand, there is a tendency to assimilate them to foreign currencies, taxing their earnings anyway.
I've heard in some countries that they need to do that. We can't really stop regulation guys. These greedy politicians will still find a way to tax us.
Altho when you would want to transform in your countrys currency or buy something you should respect the law and pay taxes for the amount you spent.
In most cases, which of course also depends on the country you're living in, spending coins to buy goods isn't subject to tax, which is a good thing. It's an effective way to bypass harsh tax regulations affecting your gains significantly. I much rather do that than actually paying tax over my holdings, and I'm sure a lot people here think like that as well. On the other hand, I can perfectly understand why people prefer to cash out in a peer to peer manner instead of through centralized exchanges. If the tax policies were set up in a fair manner, people wouldn't even need to come up with creative ways to avoid paying tax. It is what it is I guess....
As many said before me i thik that if you just keep your coins in bitcoin you are anonymus and can't be forced to pay taxes. Altho when you would want to transform in your countrys currency or buy something you should respect the law and pay taxes for the amount you spent.
for the moment no one is forced to pay tax on bitcoin, in every country there is no provision of tax bitcoin tax, the government also can not force ask tax bitcoin
This is a common misconception, do your research and you will notice you have to pay tax if you made money if you were investing or gambling. Governments don't care what game you played or where you invested, they care about your profits and want a part of it.
You are paying tax yes, but that is if you do it through the conventional investments or gambling. I don't think traders and crypto gamblers are being taxed just yet. Well if there are then it's probably very minimal that not many know about it
I think that the charges that we had from trading sites can be considered as part of the taxation paid by those sites who operated for business. Nothing certain about it but only my idea, however that can be possible for the trading site owners to add their operational costs to every customers they had.
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