sportis
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Veni, Vidi, Vici
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February 10, 2017, 10:16:19 PM |
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If it was an option in your country, would you pay your taxes with Bitcoin?
Or would that not make any sense to you at all, especially if you hold BTC as an asset whose value you hope to see increasing over time...?
I personally pay my taxes with EUR and will probably continue to do so even if I can pay with BTC
I live in Europe too and my country belongs to eurozone but unfortunately the tax office does not provide this option to tax payers so I use mandatory fiat money for this purpose; but if this (option) was available why not? I would go to pay when the price of bitcoin was high so I could have a good profit. The way I see it bitcoin is payment system first and then an asset. Thus, I cannot understand why I do not use it as currency; especially, if the law had given the opportunity to gain from the exchange rate? |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
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FLoving
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February 10, 2017, 10:19:46 PM |
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For me payment with bitcoin to any thing is much convenient so if my government allow the use of bitcoin for the state purpose in my country and they allow me to pay the tax etc with bitcoin then yes I will pay all my tax with bitcoin payment as I will feel it too as convenient way of payment.
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xuan87
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February 11, 2017, 12:03:05 AM |
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If I am giving the chance to choose i would choose to pay it using fiat, the price movement of bitcoin is so fast today bitcoin maybe 1000$ the next rise to 1100$ so if I pay using bitcoin I paid extra 100$, so it is a bad idea to pay your tax using bitcoin, and after the government know you got bitcoin, the government will try to dig information about how much is your wealth in bitcoin
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countryfree
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February 11, 2017, 12:17:39 AM |
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No!
I don't want to pay tax, as I want the destruction of all countries. About 40 million people in Europe are on benefits, if there were no governments to pay them, they would all die and Europe would be a far nicer place. Only the best shall survive. Countries are corrupting natural order, so I don't want to pay tax to destroy all countries and restore natural order. BTC will help towards that goal.
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I used to be a citizen and a taxpayer. Those days are long gone.
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shinratensei_
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February 11, 2017, 12:18:30 AM |
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I just keep my bitcoin and try to give him fiat money, and they'll be feeling happy. because they know if their civilians are obeying the rules. I will never spend my bitcoin for them. Because in fact i can't pay my tax using bitcoin.  |
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miningdude
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February 11, 2017, 12:22:57 AM |
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Bitcoin rate may go up and may go down what happend if it goes high? and the taxes price changed to the currently rate of the bitcoin? I voted NO.  |
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alani123
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February 11, 2017, 12:23:33 AM |
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It's already feasible to do this, perhaps through the use of a proxy service or two, but perfectly feasible nevertheless. In most countries, there are several services accepting debit cards for bill payments and there are several debit cards that can be loaded with bitcoin.
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HarringtonStark
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February 11, 2017, 12:48:36 AM |
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Absolutely not as I'm definitely against taxes and the reason I use Bitcoins is to avoid tax as much as possible. I am planning to move to a tax-free country like Switzerland when I accumulated enough funds.
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cotton ball
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February 11, 2017, 12:56:22 AM |
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No!
I don't want to pay tax, as I want the destruction of all countries. About 40 million people in Europe are on benefits, if there were no governments to pay them, they would all die and Europe would be a far nicer place. Only the best shall survive. Countries are corrupting natural order, so I don't want to pay tax to destroy all countries and restore natural order. BTC will help towards that goal.
Bitcoin rate may go up and may go down what happend if it goes high? and the taxes price changed to the currently rate of the bitcoin? I voted NO. If government gives tax payment option through bitcoin, Why do we resist? Tax would be beneficial for us if it was set in state laws. Which makes bitcoin up and down is a market, not a tax. We always hope that bitcoin is regulated, but refused taxed, it is not justified. Bitcoin will forever be an underground movement if all users reject government tax (live like Robin Hood). |
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FiiNALiZE
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February 11, 2017, 12:58:30 AM |
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If it was an option in your country, would you pay your taxes with Bitcoin?
Or would that not make any sense to you at all, especially if you hold BTC as an asset whose value you hope to see increasing over time...?
I personally pay my taxes with EUR and will probably continue to do so even if I can pay with BTC
instacalm, the Government can't tax something that isn't theirs. They just say that they will tax the citizens Bitcoin's and then the suckers will send the Government money. How will the Government know if you hold BTC? They don't. The project is open sourced, in-fact the Government will literally be theif's and when the court gets involved they will get thrown into the light and they will most likely fall. Now I do understand that they tax things because the citizens are using USD or w/e but the money technically isn't real until the cash is in your hand...it is just a electronic bits that a Banker views on a screen. If Bankers could ignore a glitch in their computer than why would they count the numbers on their screens official? We could go further into it and discuss the real legal issues on what the Governement is trying to do, I just don't feel like it. I am just saying that if the Government invented Bitcoin then they could tax the heck out of it for all I care. |
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iqlimasyadiqa
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February 11, 2017, 01:28:31 AM |
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this should be done. because with this government regulation could take away their rights. and everyone can pay their obligations to the state.
Tax is an important thing for the sustainability of a country, because without the tax of a country can be destroyed by itself.
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LeGaulois
Copper Member
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Merit: 4094
Top Crypto Casino
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February 11, 2017, 02:00:56 AM |
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It would be ironic if governments allow people to pay their taxes in Bitcoin. After a variety of warnings, with the bell ringing at a high level, telling to people bitcoin is for criminal ativities, thieves, scammers and terrorists. But wait... since according to them bitcoin is for criminal activities, it is totally relevant to accept bitcoin for them
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morgand
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February 11, 2017, 02:54:09 AM |
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i dont think so, government will know our information if we transfer bitcoin to pay tax. They will know about our secret funds in bitcoin. Then, they will make tax for bitcoin user later. So, i think dont let government know we have bitcoin. Its bad idea.
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iram3130
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February 11, 2017, 04:26:15 AM |
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No. I don't want to pay my taxes in Bitcoins.
My bitcoins have more value than my fiat and Bitcoin rate is growing faster than the value of fiat. So obviously I wanna save all my Bitcoins. Spending fiat currency for these things are advantageous than spending Bitcoins.
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Creepings
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February 11, 2017, 05:04:35 AM |
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Taxes are being deducted to our salaries and stuffs that we buy or being payed. And if we use bitcoin to pay are taxes it is really an awkward situation. I cant accept my wallet are being deducted by taxes without me knowing and even if I know that, i will not accept it. I like bitcoin because even you are paid through campaigns you are not being charged with any taxes.
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Xester
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February 11, 2017, 05:10:23 AM |
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If it was an option to pay taxes in form of bitcoin then I am very willing to do it as long as it is allowed by the Bureau of Internal Revenue (BIR). With bitcoin at hand I dont need to leave my house and travel 40 kilometers away just to pay my income tax. With bitcoins just by sitting and clicking on my android phone I can actually pay my income tax.
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btcdiggingmaster
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February 11, 2017, 05:24:42 AM |
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i dont think so, government will know our information if we transfer bitcoin to pay tax. They will know about our secret funds in bitcoin. Then, they will make tax for bitcoin user later. So, i think dont let government know we have bitcoin. Its bad idea.
If once government start accepting bitcoin they will come up with a good solution about paying taxes with bitcoin. We have to pay taxes to government. Other wise Income tax people will research about your banks account and they will seize all your account, if you don't pay taxes on time. |
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Patatas
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February 11, 2017, 05:52:50 AM |
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No. I don't want to pay my taxes in Bitcoins.
My bitcoins have more value than my fiat and Bitcoin rate is growing faster than the value of fiat. So obviously I wanna save all my Bitcoins. Spending fiat currency for these things are advantageous than spending Bitcoins.
Well,if we ever come to a point where we would be able to pay our taxes in bitcoins,don't think the government would be too easy with the rules.The prices won't fluctuate,exchanges will have to pay taxes and everything else involving bitcoins will be taxed.Not only it's bad for the bitcoin economy but people would lose interest in cryptos. Solution :A new crypto! |
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q835197677
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February 11, 2017, 06:00:34 AM |
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In theory, bitcoin was born in a pure Internet, there is no need to pay tax, but the exchange is required to pay taxes, they will put the tax imposed by traders to participate in the body, then I guess China exchange this development, I am from china.
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Mometaskers
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February 11, 2017, 03:17:24 PM |
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IMHO any options to pay digitally is good change. In my country the tax system is so complicated that it's hard for people to just pay. If you are in need of money, you don't make it hard for people to give money. It gets to the point that people just don't care to pay anymore. If it's easy to pay tax, people might be more likely that they'll pay.
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