Topic: Reason Behind Bitcoin’s Price Crash Revealed - page 7. (Read 1583 times)
It is hard for them to make a tax since Bitcoin price is very volatile. There are many loopholes on this regulation because Bitcoin is not only a property it is in fact a currency where you can buy goods online.
but this h as not changed ever since IRS put forth clear rules back in 2014 and not to mention that the tax deadline thing was a couple of months ago. it had nothing to do with now.
on top of all that you are missing the important point that bitcoin is a global currency with markets as big and some even bigger than the market in US!
on top of all that you are missing the important point that bitcoin is a global currency with markets as big and some even bigger than the market in US!
Early investors in Bitcoin are faced with large capital gain taxes from the profit they made in 2017.
Read more here: https://smartereum.com/5636/the-real-reason-behind-bitcoins-price-crash-revealed-tue-aug-7/
Qoute from that link,way back 2014 IRS made an announcement that crypto's are defined as a property and not a currency.
So as such they are entitle to pay thier taxes as property owners.
Read more here: https://smartereum.com/5636/the-real-reason-behind-bitcoins-price-crash-revealed-tue-aug-7/
Qoute from that link,way back 2014 IRS made an announcement that crypto's are defined as a property and not a currency.
So as such they are entitle to pay thier taxes as property owners.
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