Bitcoin Forum

Economy => Currency exchange => Topic started by: surya on March 30, 2013, 05:19:58 AM



Title: deleted
Post by: surya on March 30, 2013, 05:19:58 AM
deleted


Title: Re: deleted
Post by: ralree on March 30, 2013, 05:50:30 AM
Was this a tax cheat thread?

https://twitter.com/bitcoininfo/status/317869320329895936


Title: Re: deleted
Post by: Stephen Gornick on March 30, 2013, 08:58:43 AM
Was this a tax cheat thread?

https://twitter.com/bitcoininfo/status/317869320329895936

I didn't see the thread before it got changed to "deleted".  

The text of the Tweet was:

"Best way to withdraw cash (without raising tax issues) http://ur1.ca/d7n97  #bitcoin"

Now it is implied that the person is wanting to sell bitcoins, presumably after recognizing gains on those versus the acquisition cost but then cashing them out without reporting the gains as taxable income.

Without any context though, such as what jurisdiction that party resides, the answer will vary.  There may not even be any tax consequences, depending on jurisdiction.  It is unfortunate that this post was "deleted".