I dont think so that people would pay their taxes on bitcoin since most of users of it do really save up bitcoin and they dont like to use it at all because we do know the value of it does really increase overtime and i dont think that government would allow this thing because for sure they will collect fixed rates which they could able to get on local fiat.
If bitcoin has to survive and makes its way to different countries of the world so, I think this is its need to demand the government of different countries to do this for their user who are using bitcoin according to their country rules and policy. The main disadvantage of the bitcoin is tax evaluation which is the main barrier for it proceed further and become the global currency for the whole world like dollar is right now. 
Topic: Should governments allow people to pay their taxes in Bitcoin BTC? - page 3. (Read 5534 times)
March 02, 2017, 03:39:42 AM
March 01, 2017, 11:43:49 PM
First of all the government wouldn't even do that that's basically admitting that they've given up in there fiat currency and decided to invest in a decentralized digital crypto-currency. We all know that governments wants a centralized platform.
How will they know who pays who? And if bitcoin will be used in the future as world wide currency banks will get bankrupt and the existence of debt will ceast to exist.
How will they know who pays who? And if bitcoin will be used in the future as world wide currency banks will get bankrupt and the existence of debt will ceast to exist.
March 01, 2017, 10:48:48 PM
i don't think that i want to pay the taxes on bitcoin, i think its enough for us to pay the government from our money to pay the taxes and i think the government is already make a big profit from people taxes and i don't think that bitcoin user is agree to do this. but we can do nothing if the government want to make regulation for bitcoin taxes and we only obey what they want.
True,we cant do anything if our government would impose regulations regarding on paying taxes thru bitcoin but speaking of this regulation they wont really such make thing and people will surely not obey this for sure and the question is how government would trace up the citizens who uses bitcoin? hero member
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March 01, 2017, 09:42:09 PM
i don't think that i want to pay the taxes on bitcoin, i think its enough for us to pay the government from our money to pay the taxes and i think the government is already make a big profit from people taxes and i don't think that bitcoin user is agree to do this. but we can do nothing if the government want to make regulation for bitcoin taxes and we only obey what they want.
March 01, 2017, 08:43:18 PM
I dont think so that people would pay their taxes on bitcoin since most of users of it do really save up bitcoin and they dont like to use it at all because we do know the value of it does really increase overtime and i dont think that government would allow this thing because for sure they will collect fixed rates which they could able to get on local fiat.
March 01, 2017, 07:58:33 PM
If it was an option in your country, would you pay your taxes with Bitcoin?
Or would that not make any sense to you at all, especially if you hold BTC as an asset whose value you hope to see increasing over time...?
I personally pay my taxes with EUR and will probably continue to do so even if I can pay with BTC
NO, I shouldn't. Bitcoin is decentralized and you earned bitcoin without paying any taxes. The benefits from using bitcoin include fast and efficient payment worldwide, low fees for transactions, and low risks of fraud.There is some risks operation using our bitcoin. Firstly, due to the new economy and essence of bitcoin, the price of bitcoins unpredictably fluctuates. Bitcoin is no exception, but it will just make things more complicated. Possibly Government will get interested in you and they will ask you for additional taxes for your bitcoin that you use or that you earned. Or would that not make any sense to you at all, especially if you hold BTC as an asset whose value you hope to see increasing over time...?
I personally pay my taxes with EUR and will probably continue to do so even if I can pay with BTC
February 19, 2017, 03:23:03 PM
If it was an option in your country, would you pay your taxes with Bitcoin?
Or would that not make any sense to you at all, especially if you hold BTC as an asset whose value you hope to see increasing over time...?
I personally pay my taxes with EUR and will probably continue to do so even if I can pay with BTC
Or would that not make any sense to you at all, especially if you hold BTC as an asset whose value you hope to see increasing over time...?
I personally pay my taxes with EUR and will probably continue to do so even if I can pay with BTC
That is not good actually if you pay taxes, here in my country every time there is a transaction that I wanna make, I only pay for the fee then that its. But in your place I think the government in your place they to implement the segwit so that if that happen everything will centralize so they can control anything in bitcoin, but for now its only a speculation and impossible to be happen. Cross fingers
February 19, 2017, 03:20:29 AM
bitcoin is not officially a money so we cant expect to pay our taxes with bitcoin rather its a digital value exchange medium and we could only exchange value of the item and we cant get to pay our taxes with bitcoin. and its price fluctuating so we cant pay with bitcoin government would suffer loss while price drop.
February 19, 2017, 03:07:26 AM
no i dont agree with this idea because bitcoin's price keep going up and down so if we pay taxes with bitcoin then government would suffer losses and that will definitely affect our country's economy and development after all we are the citizen of the nation and we should cheat them.
February 19, 2017, 01:51:13 AM
I think governments prefer to avoid anything capable of bringing publicity to Bitcoin. So I think governments would not take this step.
I think so too, the government has not found a way how to give a tax on bitcoin users, so the government will cover the news of bitcoin and will continue to prohibit bitcoin
February 19, 2017, 01:20:21 AM
I think governments prefer to avoid anything capable of bringing publicity to Bitcoin. So I think governments would not take this step.
I think so too, the government has not found a way how to give a tax on bitcoin users, so the government will cover the news of bitcoin and will continue to prohibit bitcoin February 18, 2017, 05:39:30 PM
I would say yeah but thats pretty difficult since if government allows such payments that means they are approving bitcoins in their b=country leading to a heavy tax loss for them ultimately.
February 18, 2017, 02:54:08 PM
I went with yes because with government allowing taxes to be paid in bitcoin, will automatically means they have decided to accept bitcoin as a currency which will mean that we will get to increase the popularity of bitcoin in which we all wanted and all stores will start accepting the currency as a medium of exchange which will go a large extent in cutting the bureacratic process I get to go through in converting to Fiat.
February 18, 2017, 02:25:45 PM
No. It should never allow people to pay their taxes in Bitcoin and I am not saying this because I care about governments but because by doing so we lose our privacy when using Bitcoin. Bitcoin is extremely valuable to be spent like that for paying taxes.
February 18, 2017, 02:10:49 PM
Even if they really allow people to pay tax using btc, i still wouldn't want to spend my btc like that. Will remain using fiat to pay tax rather than have them start snopping around my btc activity.
OP means paying other tax like income tax using btc, not tax bitcoin. My country has the same regulation about profit in stock
.
No, why we pay tax? In my country, profit in stock is not taxable, you know they charge the tax in trading fee, and corporation tax. No need to pay tax again.
OP means paying other tax like income tax using btc, not tax bitcoin. My country has the same regulation about profit in stock
. February 18, 2017, 01:51:34 PM
I think governments prefer to avoid anything capable of bringing publicity to Bitcoin. So I think governments would not take this step.
In one way you are right as for now we clearly know that china and few other countries don't want bitcoin to get more famous and doesn't want people to use it as they can't control the price. But there are some countries who are investing in mining technologies which isn't bad. Even if in future some country decides to allow people to pay tax using bitcoin I don't think most of the people will actually use it to pay tax. 
February 17, 2017, 06:56:19 PM
I think governments prefer to avoid anything capable of bringing publicity to Bitcoin. So I think governments would not take this step.
I don't think so, at least if the bitcoin already spread around the country and bitcoin is never avoiding to publish the bitcoin in the community. And I don't ever see US try to avoid bitcoin in the publicity. 
February 17, 2017, 06:11:10 PM
The Government shouldn't be allowed to tax any Digital Currency that isn't hosted on the Military Server's. Bitcoin could be on a mesh-net or even something beyond that and the still exist while transactions are being sent to anyone in any type of server so in reality if we go a little bit further the Government hasn't have a warrant to tax anything Foreign.
The one world Government is the only solution to them taxing Bitcoin if they do it legally. The Government are the real crooks playing the game.
A local government cannot tax bitcoin due to its global nature but they can try to tax you the user since you are under their jurisdiction so even if you earned the bitcoin on the internet, you did it while you were in their country so you are probably subject to be taxed one way or another. The one world Government is the only solution to them taxing Bitcoin if they do it legally. The Government are the real crooks playing the game.
February 16, 2017, 09:32:52 PM
as it is known that some countries do not accept bitcoin as legal payment, and even if the state approves maybe I would not pay tax using bitcoin because fiat is safer for me because many do not understand how to bitcoin work. this my little opinion
February 16, 2017, 08:20:49 PM
You can do this already in a couple of Swiss cantons can't you? It sounds like a dismal idea to me but if people want to do it then go for it. I can't imagine they'd be happy recruiting a third party to handle the conversion so it's not going to happen.
But why pay tax in something that should carry on rising. Far better to pay it with something becoming increasingly worthless.
About that Swiss situation - you can use bitcoin as payment method for some public services offered by the city of Zug. But why pay tax in something that should carry on rising. Far better to pay it with something becoming increasingly worthless.
But you are still unable to pay taxes with BTC, but it maybe will be possible in the future.
Still, as you said, paying taxes in BTC would be pretty bad idea, knowing BTC value will be higher as the time progresses.
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