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Author Topic: tax on the bitcoin in USD  (Read 1581 times)
iamMhew
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September 14, 2017, 11:21:37 AM
 #41

Hello
Is there a tax on the bitcoin or any new law that entered  regarding tax on selling and buying bitcoin? ( if i have profit )
Or as a Miner is there a tax?


thank you for your help!

it depends on your country if they implement a law to enter a tax on selling and buying bitcoin, so far theres no taxes regarding on your concern, and i think that theres no big deal if its has a tax on your country regarding bitcoin to be powerful legalized bitcoin on your country, but for me its more useful for me if theres a totally no taxes to implement, except transactions fee for the miners.
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CookieGums
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September 14, 2017, 01:12:19 PM
 #42

Well it depends on your country. Some countries have some policies regarding bitcoin and some doesn't have any. Here in my country, Philippines I never heard of taxing bitcoin. I don't know if that is it or I never heard of the law before. It is revolving behind that.
Yeah its nice in Philippines because there is no law to pay taxes in using bitcoin even if you use a big amount, because i think taxes almost getting a lot value if you sum all your small expenses

pokeronlinestatus
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September 14, 2017, 03:39:14 PM
 #43

Hello
Is there a tax on the bitcoin or any new law that entered  regarding tax on selling and buying bitcoin? ( if i have profit )
Or as a Miner is there a tax?


thank you for your help!
Who is dreaming on taking taxes on transactions that are involving bitcoin, the transactions are completely anonymous and they do not even know where they originate from so how do they plan to do that. Except they make deals with exchangers.
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