bitcoin Taxes

[efronzack85]

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]

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

[BlockTechnology]

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]

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]

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

[jmolinass839]

But do you really have to pay taxes?

[coinmaster]

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