Bitcoin Forum

Bitcoin => Press => Topic started by: erono on July 16, 2014, 05:59:35 AM



Title: [2014-07-16] Hidden Cash Or Hidden Bitcoin Discovery Is Windfall To IRS Too
Post by: erono on July 16, 2014, 05:59:35 AM
http://www.forbes.com/sites/robertwood/2014/07/15/hidden-cash-or-hidden-bitcoin-discovery-is-windfall-to-irs-too/

It is hard to resist a mystery man handing out no-strings Hidden Cash. It now appears that the benefactor is Jason Buzi, whole role as Mr. Hidden Cash was revealed by Inside Edition. Tweets from handle @HiddenCash give clues. The feel-good story started in San Francisco.


Title: Re: [2014-07-16] Hidden Cash Or Hidden Bitcoin Discovery Is Windfall To IRS Too
Post by: Kprawn on July 16, 2014, 10:27:46 AM
Then they should tax all faucet payouts too.  ??? It's the same concept. {Free money}

I am not saying, not to pay taxes, everyone should pay, what they are supposed to pay, according to their countries tax laws. {Even the capital gains from bitcoin}

What I would want to see, is limitations on small amounts. {If the find is less than say $50 it should be exempted from tax} To encourage people to do things like this.

Companies should link their name to it, and write it off as "Marketing Cost"