Bitcoin Forum
April 25, 2018, 10:56:40 PM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 [7] 8 9 »  All
  Print  
Author Topic: Have people been forced to pay tax over Bitcoin yet?  (Read 3734 times)
rockyfeller
Full Member
***
Offline Offline

Activity: 210
Merit: 101


View Profile
December 28, 2017, 12:08:24 AM
 #121

Quite curious if this has been the case. Obviously I'm hoping it haven't been the case.

It may depends on the exchange or jurisdiction of the country. but if the marketplace is decentralize it won't happen because bitcoin and altcoins are consider as Anon coin which are privacy! i hope the government will change their plan in the future. hope they can create coin that will help bitcoin to sustain its volatility

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1524697000
Hero Member
*
Offline Offline

Posts: 1524697000

View Profile Personal Message (Offline)

Ignore
1524697000
Reply with quote  #2

1524697000
Report to moderator
1524697000
Hero Member
*
Offline Offline

Posts: 1524697000

View Profile Personal Message (Offline)

Ignore
1524697000
Reply with quote  #2

1524697000
Report to moderator
mymenace
Legendary
*
Offline Offline

Activity: 1484
Merit: 1010


Smile


View Profile
December 28, 2017, 10:55:36 PM
 #122

beware the deception by gov and tax office

1) get you to admit it is an income

2) get you to admit what you use it for e.g. investment

3) then if you do not admit to any of that, they will make a determination and take your money



it is just your money nothing else, not your fault you have to exchange your btc into fiat to utilize goods and services, they should learn to accept your money




if all else fails do not forget to claim your lost coins as a loss, the value will be determined by the end financial year you decide to claim said loss

Grin
thrylos
Jr. Member
*
Offline Offline

Activity: 81
Merit: 0

ELLCRYS - Decentralized Git Hosting for Developers


View Profile
January 05, 2018, 02:05:34 PM
 #123

It can't be possible but maybe on the exchange wallet possible they can do that.

▬▬▬ ▰ ▰ ▰ ▰ ▰ ▰ E L L C R Y S (https://ellcrys.co/) ▬ Decentralized Git Hosting for Millions of Developers & Designers ▰ ▰ ▰ ▰ ▰ ▰ ▬▬
goaldigger
Full Member
***
Offline Offline

Activity: 210
Merit: 106


View Profile
January 06, 2018, 11:22:51 PM
 #124

I heard more about large fees than earning's tax. I think there is none to few transaction who are being taxed. On my country, only earnings on stock market are subject to it and i dont think we have a taxation on this cryptocurrency. It also cannot be considered as statement of an asset here so i dont think for this moment our government doesnt do it.
Protected101
Full Member
***
Offline Offline

Activity: 210
Merit: 117


View Profile
January 17, 2018, 05:37:15 AM
 #125

I think it depends on the government of our country but as we know bitcoin was decentralized and cannot forced to pay taxes over bitcoin.I think the charges or fees when we transferred money is consider as our taxes.They have not enough rule to imposed a tax to those bitcoiners.
FirEaSeA
Jr. Member
*
Offline Offline

Activity: 113
Merit: 0


View Profile
January 17, 2018, 06:35:11 AM
 #126

Yes I've heard in some countries that they need to do that. We can't really stop regulation guys. These greedy politicians will still find a way to tax us.
Scripture
Jr. Member
*
Offline Offline

Activity: 98
Merit: 0


View Profile
January 18, 2018, 11:26:01 AM
 #127

I heard that some bitcoin holder pay some tax on other country because earning in bitcoin is an income there and it is subject to taxation. If BTC's earning is taxable, i think it is much better instead of banning or illegalizing it. We should just obey the rules because it is for some good purpose then.

Eroiy.io   |   PRE-ICO  [ Jan 30th - Feb 28th ]
████   Buy Tokens with 10% BONUS   ████ (http://eroiy.io)
Sithara007
Legendary
*
Offline Offline

Activity: 1078
Merit: 1010


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
January 20, 2018, 10:11:10 AM
 #128

Everyone is paying tax on their Bitcoin profits (unless they are hiding it). As far as I know, profits from trading of Bitcoin (and other forms of crypto-currency) is taxable all around the world. There is not a single country where the profits are not taxable.

btc.fanda
Jr. Member
*
Offline Offline

Activity: 110
Merit: 1

Happy to Join bitcointalk Group


View Profile
January 20, 2018, 11:44:17 AM
 #129

Not Really; Is it true that it is illegal to participate in ICO

NKOR ▬ PROTECTING CREATORS COPYRIGHTS (http://nkor.io)
█████ Announcement (https://goo.gl/7XEqAX) █████
Dreamchaser21
Full Member
***
Online Online

Activity: 252
Merit: 105


Earn with impressio.io


View Profile
January 20, 2018, 12:13:12 PM
 #130

Quite curious if this has been the case. Obviously I'm hoping it haven't been the case.

It may depends on the exchange or jurisdiction of the country. but if the marketplace is decentralize it won't happen because bitcoin and altcoins are consider as Anon coin which are privacy! i hope the government will change their plan in the future. hope they can create coin that will help bitcoin to sustain its volatility

Government are trying to regularize bitcoin so they can monitor all the people who owns it and collect taxes, well this thing might happen very soon. We all know politics are being greed in terms of collecting taxes so they still the possibilities regarding on this matter but I still believe that no matter what bitcoin will remain more stable and government will adopt its technology so they can survive in a world of innovation.

judemarco1996
Member
**
Online Online

Activity: 154
Merit: 10


View Profile
January 20, 2018, 03:17:55 PM
 #131

in the philippines it is were i live there is no cases of people been forced to pay tax over bitcoin since, there is no rules and regulations being imposed on this trading. although all gains incurred in ll forms of trading are subject to tax.

harbin55
Sr. Member
****
Offline Offline

Activity: 426
Merit: 258



View Profile
January 21, 2018, 02:48:21 PM
 #132

In some countries they are obliged to pay taxes bug in other countries they did not imposed anh taxes (tax free).
 I think we should consider this since tax is very vital sources of income of the government to sustain a organized society. We should be open-minded in all possibilities and reasons why this thing was imposed.

    ▄█▄
   ██▀  ▄█▄
  ██▀  ▄█▀  ▄▀
 ██▀  ▄█▀  ▄▀
▐█▌  ▄█▀  ▄▀
██   ██   
██   ██   
██   ██   
▐█▌  ▀█▄  ▀▄
 ██▄  ▀█▄  ▀▄
  ██▄  ▀█▄  ▀▄
   ██▄  ▀█▀
    ▀█▀
████
▀▀▀▀
▄▀▀▄▄▄▄▄▄▄▄█████████████▐████
▀▀     ▄▄▄▄▄▀██████████▐████
▄▀▀▄▄▄▄▄█████▀ ▀▄▄▄     ▐████
▀▀     ▄▀███▄▄▄▄       ▐████
▄▄   ▀█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▐████
▀▄▄▀▀▀▀▀██████████████▐████
▄▄   ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▐████

▀▄▄▀▀▀  ██████           ▐████
██████▄▀▀▀▀▀▀▀▀▀ ▐████

▄▄  ████▀▄██████████▐████
▀▄▄▀▀▀▀ ▄████████████▐████
BIDIUM       ▄█▄
   ▄█▄
  ▀██

▀▄  ▀█▄  ▀██
 ▀▄  ▀█▄  ▀██
  ▀▄  ▀█▄  ▐█▌
   █   ██   ██
   █   ██   ██
   █   ██   ██
  ▄▀  ▄█▀  ▐█▌
 ▄▀  ▄█▀  ▄██
▄▀
  ▄█▀  ▄██
   ▀█▀
  ▄██
       ▀█▀






























LastRolling
Member
**
Offline Offline

Activity: 162
Merit: 10


View Profile
January 24, 2018, 02:50:50 PM
 #133

It is good so the other country accept the bitcoin fully in their country. Taxation is very important in the whole country since it is the foundation of all and life blood in their system imposed.

Ozero
Full Member
***
Offline Offline

Activity: 238
Merit: 104


1st of May


View Profile
March 06, 2018, 03:23:28 AM
 #134

This is the most common practice in the world. If a person makes a profit from a certain activity, he must pay taxes. Crypto-currency brings good incomes and therefore it is quite logical that such activity is subject to taxation. A capital increase is taxed, that is, an increase in the cost of a crypto currency, even if it is in a purse without traffic, and income from the operations with a crypto currency. Even in such a loyal to the Japanese crypto currency, there is also a profit tax on crypto currency. As the state will control this, this is another matter. However, tax evasion in almost all countries is considered a crime.

》》  HashCard   ∥|▌ REVOLUTIONISING HOW YOU USE CREDIT & DEBIT CARDS
▌|∥     JOIN WHITELIST     ∥|▐
Whitepaper TelegramTwitterFacebookMediumGithubYoutubeANN Thread
mymenace
Legendary
*
Offline Offline

Activity: 1484
Merit: 1010


Smile


View Profile
March 06, 2018, 03:50:13 AM
 #135

Everyone is paying tax on their Bitcoin profits (unless they are hiding it). As far as I know, profits from trading of Bitcoin (and other forms of crypto-currency) is taxable all around the world. There is not a single country where the profits are not taxable.

Any personal use asset you acquired for less than $10,000 is disregarded for CGT purposes
https://www.ato.gov.au/general/capital-gains-tax/cgt-assets-and-exemptions/




We should just obey the rules because it is for some good purpose then.

Why was Bitcoin made? Banks and tax are bad purposes




We can't really stop regulation guys. These greedy politicians will still find a way to tax us.

Think like this we are all dead - not now try bitcoin, litecoin, monero




Everyone is paying tax on their Bitcoin profits (unless they are hiding it).

Again why was Bitcoin made? A lot of peoples taxes went to saving corrupt banks around the world in 2008.

Some banks were legally allowed to increase fees and charges to lessen the impact of the coming GFC in 2008. Do you know any banks that did this in 2005 to 2007? Countries with no real GFC impact.

minimize tax (legal), don't hide it (illegal). Think "panama papers" our politicians said it was legal


Grin
Andrene
Jr. Member
*
Offline Offline

Activity: 31
Merit: 0


View Profile
March 06, 2018, 09:38:32 AM
 #136

As soon as bank and government see your fiat movement or ownership papers (house, cars etc.), you are on the way to pay taxes.
You can buy stuff with Bitcoin and avoid fiat flow on your account, but if you buy a house, cars and such you will own them and they will notice that you are accumulating wealth with small income like your salary.
rohican
Jr. Member
*
Offline Offline

Activity: 58
Merit: 0

Complete transparency on your charitable donations


View Profile
March 07, 2018, 12:24:04 PM
 #137

Quite curious if this has been the case. Obviously, I'm hoping it hasn't been the case.
I think this has not happened yet. Because the ban on Bitcoin is still widespread in any country. Surely this is very unlikely if someone has been forced to pay taxes on Bitcoin. Unless there are many countries that legalize Bitcoin, then I believe that there are already people who pay taxes with forced or not.

G i f t c o i n  ♥  Small change. Big impact.
ICO: 20th March 2018 (https://www.giftcoin.org/)
KorakPawon
Member
**
Online Online

Activity: 112
Merit: 10


View Profile
March 08, 2018, 10:08:26 AM
 #138

Quite curious if this has been the case. Obviously I'm hoping it haven't been the case.
That not happen yet and i don't think will be applied soon because bitcoin and other altscoin depend on security plus anonymous payment within the blochchain but if you plan to use regulated exchange like poloniex and other sites registered under USA\EU rules perhaps some day might request TAX.
I think not, and if so where we have to pay taxes as bitcoin users and how much we have to pay

regalis
Jr. Member
*
Offline Offline

Activity: 84
Merit: 2

Healthcare Beyond Barriers


View Profile
March 08, 2018, 01:43:29 PM
 #139

Quite curious if this has been the case. Obviously I'm hoping it haven't been the case.
That not happen yet and i don't think will be applied soon because bitcoin and other altscoin depend on security plus anonymous payment within the blochchain but if you plan to use regulated exchange like poloniex and other sites registered under USA\EU rules perhaps some day might request TAX.
I think not, and if so where we have to pay taxes as bitcoin users and how much we have to pay



This was not happened yet,I think the government was not capable of collecting tax from this because its decentralize.The government is sightless of where they can get taxes.Many make and earn money from this so its clearly taxable but because of its anonymous currency exchange its quite hard enough to find those people who benefited from this.If the government regularize this currency maybe it will be taxable because of its profitable transparency.

|█     |     DPH     |     D I G I P H A R M     |     █|
HEALTHCARE BEYOND BARRIERS
╚════════   WWW.DIGIPHARM.CH   ════/════╝[/cente]
zmkriel
Full Member
***
Offline Offline

Activity: 224
Merit: 105


View Profile
March 08, 2018, 03:59:16 PM
 #140

Quite curious if this has been the case. Obviously I'm hoping it haven't been the case.
Never happened to me and never heard about it. You will oblidge to pay taxes when your bitcoin will be converted into fiat as far as i know but bitcoin itself? I don't think it will be possible. It will be hard for the government to put taxes on a descentralized currency.

Pages: « 1 2 3 4 5 6 [7] 8 9 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!