I'm interested in the question - "Do I have to pay taxes for Bounty and other income in the crypto currency"? For some time I have already taken part in the Bounty, I have already deduced the money more than once and now I have asked myself this question. I understand that different countries have different laws, so I will clarify that I live in Russia. As far as I know, the crypt in Russia is not yet legalized,
so I think that it is not necessary to pay taxes, but on the other hand it's also income, and taxes pay taxes on income.
Who is aware of this issue, please write your answers. I would be very grateful.
In my own understanding you should pay taxes from your income if your wealth is declared and government can trace it. One thing more that you are obliged to pay taxes if cryptocurrency is legal in your country. You need to follow the regulation on cryptocurrency impose by your government to avoid any problem.