Topic: Should governments allow people to pay their taxes in Bitcoin BTC? - page 7. (Read 5534 times)
February 10, 2017, 07:23:33 PM
It's already feasible to do this, perhaps through the use of a proxy service or two, but perfectly feasible nevertheless. In most countries, there are several services accepting debit cards for bill payments and there are several debit cards that can be loaded with bitcoin.
February 10, 2017, 07:22:57 PM
Bitcoin rate may go up and may go down what happend if it goes high? and the taxes price changed to the currently rate of the bitcoin?
I voted NO.
I voted NO.
February 10, 2017, 07:18:30 PM
I just keep my bitcoin and try to give him fiat money, and they'll be feeling happy. because they know if their civilians are obeying the rules.
I will never spend my bitcoin for them. Because in fact i can't pay my tax using bitcoin.
I will never spend my bitcoin for them. Because in fact i can't pay my tax using bitcoin.
February 10, 2017, 07:17:39 PM
No!
I don't want to pay tax, as I want the destruction of all countries. About 40 million people in Europe are on benefits, if there were no governments to pay them, they would all die and Europe would be a far nicer place. Only the best shall survive. Countries are corrupting natural order, so I don't want to pay tax to destroy all countries and restore natural order. BTC will help towards that goal.
I don't want to pay tax, as I want the destruction of all countries. About 40 million people in Europe are on benefits, if there were no governments to pay them, they would all die and Europe would be a far nicer place. Only the best shall survive. Countries are corrupting natural order, so I don't want to pay tax to destroy all countries and restore natural order. BTC will help towards that goal.
February 10, 2017, 07:03:05 PM
If I am giving the chance to choose i would choose to pay it using fiat, the price movement of bitcoin is so fast today bitcoin maybe 1000$ the next rise to 1100$ so if I pay using bitcoin I paid extra 100$, so it is a bad idea to pay your tax using bitcoin, and after the government know you got bitcoin, the government will try to dig information about how much is your wealth in bitcoin
February 10, 2017, 05:19:46 PM
For me payment with bitcoin to any thing is much convenient so if my government allow the use of bitcoin for the state purpose in my country and they allow me to pay the tax etc with bitcoin then yes I will pay all my tax with bitcoin payment as I will feel it too as convenient way of payment.
February 10, 2017, 05:16:19 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
I live in Europe too and my country belongs to eurozone but unfortunately the tax office does not provide this option to tax payers so I use mandatory fiat money for this purpose; but if this (option) was available why not? I would go to pay when the price of bitcoin was high so I could have a good profit. The way I see it bitcoin is payment system first and then an asset. Thus, I cannot understand why I do not use it as currency; especially, if the law had given the opportunity to gain from the exchange rate?
February 10, 2017, 03:49:14 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.
But why pay tax in something that should carry on rising. Far better to pay it with something becoming increasingly worthless.
February 10, 2017, 03:37:01 PM
Nope. I prefer to keep my fiat related financial situation and Bitcoin operating on whole different levels. I have no interest in ever doing such a thing, nor do I think other people will. Other than that, it simply doesn't make any sense for the government to do so. If you for example pay your owed amount - which happens to be $1000, and after that the price plummets, the government will then swallow a loss. I am sure they are not looking forward to do so.
February 10, 2017, 03:28:47 PM
Nah it will be too much of a hassle for them to deal with cryptos and they will need a Bitcoin payment processor to convert to fiat as they receive transactions so all in all a pretty inconvenient idea. Why don't we just use the most convenient way which is the cash we have at hand?
February 10, 2017, 03:12:03 PM
If the government would allow it I would use bitcoins without hesitating because this would save me time and transaction fees and not to mention all my past transactions will be on the ledger for proof of receipt for a long time.
February 10, 2017, 03:11:15 PM
Not sure why so many people are against having this option?
If the government allows taxes being paid with Bitcoin, that doesn't mean that they gain any control over Bitcoin in any way.
So I'd say yes and on top of that, I think one Swiss city is already accepting Bitcoin to pay for government services.
Source: http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/
Switzerland is taking rapid steps than the rest of the world as they recently announced that it would begin offering bitcoin through Swiss rail operators ticket kiosks which is a major step and i wont be surprised with this decision .Personally i would not want to pay my takes in bitcoin since the volatile nature of bitcoin makes me think twice on doing so.If the government allows taxes being paid with Bitcoin, that doesn't mean that they gain any control over Bitcoin in any way.
So I'd say yes and on top of that, I think one Swiss city is already accepting Bitcoin to pay for government services.
Source: http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/
February 10, 2017, 02:56:23 PM
Not sure why so many people are against having this option?
If the government allows taxes being paid with Bitcoin, that doesn't mean that they gain any control over Bitcoin in any way.
So I'd say yes and on top of that, I think one Swiss city is already accepting Bitcoin to pay for government services.
Source: http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/
If the government allows taxes being paid with Bitcoin, that doesn't mean that they gain any control over Bitcoin in any way.
So I'd say yes and on top of that, I think one Swiss city is already accepting Bitcoin to pay for government services.
Source: http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/
The swiss have a government of the people. Something the rest of the world don't have.
February 10, 2017, 02:45:57 PM
Not sure why so many people are against having this option?
If the government allows taxes being paid with Bitcoin, that doesn't mean that they gain any control over Bitcoin in any way.
So I'd say yes and on top of that, I think one Swiss city is already accepting Bitcoin to pay for government services.
Source: http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/
If the government allows taxes being paid with Bitcoin, that doesn't mean that they gain any control over Bitcoin in any way.
So I'd say yes and on top of that, I think one Swiss city is already accepting Bitcoin to pay for government services.
Source: http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/
February 10, 2017, 02:41:11 PM
For something like this to happen Bitcoin should be fully regulated how else could governements allow paying taxes in Bitcoin. So,Bitcoin should be a part of economy and tax system and fuly integrated in finances. At this point I Don't see how this could happen in the near future or ever.
February 10, 2017, 02:36:31 PM
This is clearly a contradicting idea to begin with, and paying your taxes with btc doesn't do any advantages or whatsoever except for saving time in going to the bank/government offices or whatnot. Also, there already exists some services in which you would be able to send btc to pay for your taxes and the rest would be done by that service.
Putting your name in history is not really stupidity to begin with.
I wouldnt personally pay my taxes with bitcoin as i think it is still way undervalued and when i look back in years to come i will regret letting my bitcoin go for stupid shit .... like vitalik butterin spent like 8 bitcoin on a tshirt back in the day, and there is probably worse stories than that ie:Pizza ...... lol 
i do think that others should be able to tho if they chose
i do think that others should be able to tho if they chose
Putting your name in history is not really stupidity to begin with.
February 10, 2017, 02:21:51 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 will not pay with bitcoin, why I would volunteer that information to the government of the country in which I reside? Then they will know that you at least own that address and then they could begin to try to link transactions and other addresses back to you, it is a bad idea since it defeats the purpose of trying to reach anonymity 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
February 10, 2017, 02:10:34 PM
I do not think this is going to happen.
But if a government would really do so, I would appreciate it.
The important thing would be that a government recognizes bitcoin as a legit way to make a payment. Even to the authorities.
This could give bitcoin big support in that country.
But if a government would really do so, I would appreciate it.
The important thing would be that a government recognizes bitcoin as a legit way to make a payment. Even to the authorities.
This could give bitcoin big support in that country.
February 10, 2017, 02:09:11 PM
I dont particularly like getting rid off my bitcoin and even less so to the government. You could compare it to paying the government taxes in gold rather than fiat which i wouldnt want to do either. Let them have their paper money =p
February 10, 2017, 02:02:42 PM
I hope it never happens. Think of all the "know you customer" crap we have now, It's hard to buy bitcoin without getting a anal probe. Think how it will be if the state is the one collecting.
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