Topic: US government tax on bitcoin? - page 2. (Read 278 times)
I think this is quite possible. The rise of bitcoin has aroused the attention of many people. Many people want to join bitcoin to benefit, but the government can not formally join. They can only be controlled through regulation and tax collection. Capture their interests.
B: yes, I think it should be duty-free to hold and buy and sell bitcoins.
But I don't know how the U.S. government decided?
Now the south Korean government has decided to pay taxes on bitcoin transactions.
But I don't know how the U.S. government decided?
Now the south Korean government has decided to pay taxes on bitcoin transactions.
The U.S. government believes that bitcoin is tax-deductible as an asset whether used or held.
Tell me, your point of view.
I am not an american but i had read taxes for bitcoin in America, so US government see bitcoin not as currency but as asset and property because of that income from bitcoin can be taxed, the way is each individual is obliged to write the income they get from bitcoin in a their ledger "total annual income". I don't know the data can be accurate or not, because you know that bitcoin is anonymous. so maybe a person can manipulates their earnings? Tell me, your point of view.
The U.S. government believes that bitcoin is tax-deductible as an asset whether used or held.
Tell me, your point of view.
Tell me, your point of view.
mm. Not sure what you mean by tax-deductible. I think US authorities view bitcoin as a taxable asset (non tax-deductible). Fair enough, I think people should pay taxes if they profit from investing in any asset. But I personally think taxes should only be enforced on the "realized" gains. But unfortunately US govt wants you to pay taxes on your crypto-crypto trades, not just FIAT conversions.
The U.S. government believes that bitcoin is tax-deductible as an asset whether used or held.
Tell me, your point of view.
Tell me, your point of view.
Yes, bitcoin is really is an asset. But making it part of a government may or may not be a good idea. After all, this could be a good sign that bitcoin is really is taking a lead to be known and patronised locally. Though adding a tax unto is not usual. And we are not sure if this could be the answer for bitcoin and the users to keep it on the lead of cutrencies.
The U.S. government believes that bitcoin is tax-deductible as an asset whether used or held.
Tell me, your point of view.
Tell me, your point of view.
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