U.S Government Is Eliminating Tax For Small Bitcoin Transactions
U.S Government Is Eliminating Tax For Small Bitcoin Transactions
Acording to various sources the US government is planning on eliminating tax for small Bitcoin transactions worth less then $600.
If this is true expect a surge in Bitcoin adoption.
This is very good news for US users in conjunction with the adoption of Segwit which is dramatically reducing transaction fees and making transaction much quicker.
Lets all hope this is true which will be another step towards Bitcoin becoming a legitimate currency.
hey @alexrickard86 ,
good news, not only for the us-community,
perhaps perfect for worldwide Bitcoin legitimation.
Thx, good job ^^
Now we just have to make it scale and be true to uts peer to peer nature. This is great news though.
Great news for sure!
Any source for this?
I read about it here
https://bitconnect.co/bitcoin-news/717/us-government-is-eliminating-tax-for-small-bitcoin-transactions-expect-boost-in-adoption/
yay there is a god
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STOPDo you trust the government and the taxman? I am sorry I am a wee bit leery of this news. What is behind the story?