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Author Topic: 15% capital gain tax in US?  (Read 366 times)
KorakPawon
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November 13, 2018, 03:26:29 PM
 #21

Does the information valid? Do you experience it or just heard about it? It's hard to give any opinion for the case since bitcoin is decentralized, tax has nothing to do with bitcoin. And I guess this is just a hoax news to make people worry about bitcoin and perhaps walkout from bitcoin world.
izanagi narukami
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November 13, 2018, 04:16:45 PM
 #22

Whenever it's true or not, if you're supporting on what platform that you're currently use, it's ok to pay the tax as long as it can operate,right ?
Let say if the tax is high enough, you can make some petition that able being sign together so the government can notice the tax if this is really happen.

Unlike my government that still against crypto , but I'm currently paying 10% from my local exchange !

Smiley
olubams
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November 13, 2018, 04:28:14 PM
 #23

15% capital gains is a good deal to me because I don't think any country would charge anything less than 10% as it relates to capital gains and if the full principle of capital gains is being implemented here, there is no need to worry because aside the fact that, it will be only on the gain made when conversion is made to fiat, it also allows the cost incurred in buying the coin and other incidental costs incurred such as transaction fees and mining fees to be deducted before the balance is then taxed. With that 15% is something that will encourage voluntary compliance.
shamc
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November 14, 2018, 04:47:15 PM
 #24

15% is too high and will encourage tax evasion. This is not difficult with crypto as there are many privacy coins and ATM machines to stay anonymous

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