The U.S. Internal Revenue Service (IRS) may consider bitcoin cash taxable this year
Due to bitcoin.com Bitcoin Cash Could be Treated as Income in 2017.
The U.S. Internal Revenue Service (IRS) may consider bitcoin cash taxable this year, according to tax experts. Some bitcoin cash recipients could owe tax at rates as high as 39.6%.
My Point of View
The bitcoin split gave some investors free money, but technically speaking the fork wasn't a Split as we know it from Stock Splits. Even though BCC hasn't been traded on exchanges before, the BCCs are just as old as BTCs. From a technichal Point of View.
