how is the profit calculated? this is probably a tough question to answer.
let me give an example. i buy 100k worth of bitcoins. i sell for 102k. but during that time the value of bitcoins drops or increases 1%. how are the taxes calculated for that?
i think you have to calculate the taxes with the price changes. either up or down. because you have to pay on the biocin you have. its withholding tax. if you are pay on buy then the price you but the bitocin you have to pay on that.