efronzack85
Posts: 3
Joined: Thu Nov 02, 2017 12:40 pm

bitcoin Taxes

Thu Nov 02, 2017 12:46 pm

Bitcoin and taxes seems no match as it is said that taxes are not applied on bitcoin, but still in some scenarios it does and this whole thing of yes and no causes bitcoin tax issues/questions in everyone’s mind. If taxes are applied on bitcoins then in which scenarios and what would be the bitcoin tax rate ?

MikeG
Posts: 4
Joined: Mon Jan 22, 2018 12:23 am

Re: bitcoin Taxes

Mon Jan 22, 2018 3:44 am

I think there are no taxes on like $20,000...it's some number like that

BlockTechnology
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 46
Joined: Fri Dec 29, 2017 11:24 am

Re: bitcoin Taxes

Tue Jan 23, 2018 3:12 pm

I dont think that bitcoin will impose taxes in the near future ... Goverments will be taxing the fiat money that investors will receive when exchanging Bitcoin

amelkov
Posts: 7
Joined: Fri Jan 26, 2018 8:47 am

Re: bitcoin Taxes

Fri Jan 26, 2018 8:59 am

In Belarus, all cryptocurrency transactions are not taxed until 2023. Welcome to the Belarus. Advice on business organization and investment: mail: aleksandr@amelkov.by skype: amelkov.a

jmolinass839
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 30
Joined: Mon Jan 29, 2018 10:14 pm

Re: bitcoin Taxes

Wed Jan 31, 2018 7:21 pm

To apply bitcoin taxes, you should first regulate the use. :)

jmolinass839
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 30
Joined: Mon Jan 29, 2018 10:14 pm

Re: bitcoin Taxes

Fri Feb 02, 2018 6:19 pm

But do you really have to pay taxes?

coinmaster
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 33
Joined: Wed Jan 24, 2018 3:06 pm

Re: bitcoin Taxes

Mon Mar 12, 2018 5:45 pm

I guess 2018 will be the year when tax offices of the countries where there are the biggest crypto communities will raise their heads to get their piece of the pie. Like in the US the IRS monitors taxes from Bitcoin transactions as Bitcoin is considered as a property and is taxed accordingly.
A good reading about US tax policy on cryptos http://fortune.com/2018/01/29/bitcoin-t ... rency-irs/
It was also in the recent news that Australian tax officials will start "pursuing bitcoin investors for their tax liabilities" https://www.businessinsider.com.au/aust ... ncy-2018-2

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