Topic: [POLL] Paid your taxes ? (Read 1213 times)

So handing your picture ID to trade on a US based exchange exempts you from paying tax if you are not  American?

LOL sure

And there is no tax?
I posted proof for 2 countries and I know there is more.

And oh boy do I love the defiant childish little rebel brat attitude.
Little shits hiding behind a forum squaking that I don't have to pay tax.
ROFL
You brats would fold like a lawn chair when the IRS shows up at your door.

Story time for investards....

I once got a bill I knew I did not owe from Revenue Canada.
I was told to submit records and my debt would be cleared.
I did but they still came after me for the money..
I found out the hard way after time went by and they kept charging me penalty fee's.
I got a letter in the mail saying effective immediately they were garnishing my wages at my job.
They did too.. Then I quit just to avoid them taking my money.
Later when I did my taxes they took my tax refund as payment.
There was NO escape.
The amount was originally around $350 I think.. In the end I ended up having to pay by force more than double.

Feeling mighty cocky talking shit about taxes on a forum?
Like AL Capone.. The untouchable.. You too can rot in a jail cell.
Or like me get your wages garnished randomly.

Let me know how that cocky smug little brat attitude works out for ya.
Send us all a post card from alcatraz little shits  

It is better that you consult a tax attorney if you are not sure about it, if you are a small fish  the taxman may delay a visit for a while but if you have earned huge amounts of cash then you can be sure they are gunning  after you and your profits.

There's no tax in crypto-currency. Government don't help us when we lose money so why should they take profit when we earn money? There's no logical reason. They can't regulate this business, they need to get used to it. I don't even think our government know about Bitcoin and crypto-currencies at all.

Enjoy your prison time.

Thankfully no, there are no taxes at the moment for anything in the place I live in. Though, I've heard they are going to introduce something called as VAT (Value added Tax) which is going to be applied on various good and services. I hope cryptocurrency's are exempted from this though.

Oh yeah ?
If you used Poloniex then yes US tax law applies.

@Fatoshi
You are an insulting little NOOB nobody aren't you ?
Tell me again why i give a fuck what you think ?
And what is it you have EVER contributed to crypto ?
Seems to me this topic upsets you.
It also seems to me i am the only one talking about this issue.
And i was nice enough to post you all 2 links with a reference to tax guidelines you can use.
You are welcome.
I may have saved some of these guys from being in trouble with the IRS or REV-CAN.
This bothers you somehow ?

I would not screw with the Tax Man.
They get you eventually.. they are diabolical.

Who else has something interesting to say around here anyway ?
Head in the sand much ? Dwelling on ICO profits with every single mutha fucking tiring boring ass topic here ?

Still very early in most countries, to be included in overall income.

yes of course I paid all my taxes and then I also hold Monero

monero is a very nice coin, it's the only anonymous cryptocurrency

and you can use it with xmr.to or shapeshift

Nah, you pay taxes based on net gain (deduct losses).

in my country , taxes pay you! but seriously, do you have to pay taxes if you lose too!? I hope not, because I cant afford it

Hell fucking no!!! My country is so fucking corrupt and dont support the working class anymore, so why the fuck would i give them money??

The government will find out that he no longer has bitcoins at that address because of his foresight to transfer it to another altcoin. So the government will be wasting their time.

The op really is a low life bitter little man. Seriously what is wrong with you?

What's gonna happen if they come over there?

I'm not gonna pay tax for bitcoin transactions/earnings. It has no link to centralized system and government can't take a shit from me.  

If the government has the balls, they can come over here and see what's gonna happen. 

Tax is theft. Fuck you and die!

In Canada you pay capital gains which means first 50 percent of profit is not taxed. The second 50 percent is taxed at your highest rate. If you have RRSP contributions from past 7 years good to put that second 50 percent into an RRSP and pay no taxes for now.

I voted No because over here, government is yet to take a position on how to handle the issue of crypto currency but I am sure that in few years a position will be taken. I am not going to evade tax because I know that is illegal but for now, I and others in this part of the world will have to keep enjoying and if at all they want to do a back-duty investigation, its most likely to be a civil case rather than a criminal one.

I'm not sure 100%, but in the US, I believe withdrawing Bitcoins gained from trading/holding would qualify as capital gains (and losses) and are subject to the same taxes as other investments.

no lol, there is no law that said that you must pay anything if you don't exchange your altcoin, i'm not exchanging for now and i don't need to pay, but if i need to exchange a small amount i would probably not pay either, for bigger amount it's different