Topic: IRS changes course declares bitcoin currency (Read 1092 times)
Another April Fools.
It will, and it's confusing.
Money (income) vs. property (capital gains)
Accounting is a hassle either way...
Money (income) vs. property (capital gains)
Accounting is a hassle either way...
In my country, long-term capital gains tax is much lower than income tax. So right now, it is a win-win situation. Right?
fool me once, shame on me
fool me twice...
fool me twice...
Tax-wise it'll not make much of a difference. Will it?
It will, and it's confusing.
Money (income) vs. property (capital gains)
Accounting is a hassle either way...
Tax-wise it'll not make much of a difference. Will it?
1st April
Bitcoin IS a currency.
Please do not let the Gov create your reality.
Please do not let the Gov create your reality.
April fools!
http://bitcoinmagazine.com/11909/irs-changes-course-declares-bitcoin-currency/
Government never gets things right.....especially on the first go around! Glad to see they are taking another look at it.
Government never gets things right.....especially on the first go around! Glad to see they are taking another look at it.
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