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RE: Will Crypto Ever Be Fully Taxable? Is Any Money Fully Taxable? And, Of Course, Should It Be?
When you say vendors can ship the items but not show the sales, how would they fix the inventory balance? If you are selling something, either you are buying as a reseller or you manufacture it.
Hi @bayuya, when I said 'sales', I was referring to something like '10% off', '20% off', etc., rather than talking about sales as in 'a record of a sold item'. What I mean is that they wouldn't have to show what amount was paid if it was paid in a traceless crypto, which would make taxation/persecution more difficult because it would be tougher to figure out the profit that would be taxed. :)
Yeah, that makes sense. But isn't it the positive side of Cryptos ? :):) The fact that anyone can transact incognito?