Bitcoin Forum

Bitcoin => Project Development => Topic started by: LGA21 on March 30, 2017, 03:38:16 PM



Title: BITCOIN MINING COMPANY (for my study only)
Post by: LGA21 on March 30, 2017, 03:38:16 PM
hi,
my name is wassim 23 years, am a student in télécommunication (3rd year in university)
one of my professors asked us to do a review of a company (about tax, insurance.....etc)
i want to do a review of a mining cryptocurrency company  :P

my question is : did bitcoin mining companys pay tax and insurance to The state like other normal companys or no ?


sorry for my english.


Title: Re: BITCOIN MINING COMPANY (for my study only)
Post by: DebitMe on March 30, 2017, 03:40:50 PM
hi,
my name is wassim 23 years, am a student in télécommunication (3rd year in university)
one of my professors asked us to do a review of a company (about tax, insurance.....etc)
i want to do a review of a mining cryptocurrency company  :P

my question is : did bitcoin mining companys pay tax and insurance to The state like other normal companys or no ?


sorry for my english.

Is there a specific country your talking about?  In the United States you don't pay insurance to the state if your a company.  They may have insurance through a third party though, but that is probably up to the owners of the company.  Whether they are registered or not as a company, they are required to pay taxes on their earnings, whether they actually do that or not is a different matter and possibly tax fraud.


Title: Re: BITCOIN MINING COMPANY (for my study only)
Post by: LGA21 on March 30, 2017, 03:49:09 PM
am living in ALGERIA (north africa) ,thx for you answer  :)


Title: Re: BITCOIN MINING COMPANY (for my study only)
Post by: PokerDiceMan on March 30, 2017, 06:07:25 PM
am living in ALGERIA (north africa) ,thx for you answer  :)

I think bitcoin company without insurance
if use insurance not bitcoin balance, but only hardware mining can insurance
i think in algeria not open big company in bitcoin mining, in study case you can use Btcc, is big company bitcoin mining, exchanger, wallet and mining pool