You are viewing a single comment's thread from:

RE: Paying Bitcoin Taxes!

in #bitcoin7 years ago

According to my knowledge you have to pay taxes when chashing out with profit.
Not my intention. Relative high fees for buying and selling #cryptocurrency
Its a longterm investment.
Goverments should recognize #crypto as money before complaining about taxes.
If somebody should pay taxes for profits, then it should be possible to get tax release for losses.

Sort:  

According to the email, it's possible to get tax release from losses.
and even thought I agree with you that government should recognize crypto , however still the fact that by law they are requesting taxes and what can you do but to pay them?

Yes, payback in crypto.

New to Steemit?

Coin Marketplace

STEEM 0.17
TRX 0.24
JST 0.033
BTC 96193.44
ETH 2701.51
SBD 0.43