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wonderchaff (OP)
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December 31, 2017, 05:08:07 PM
Last edit: December 31, 2017, 05:44:57 PM by wonderchaff |
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I saw that US costumers have to pay tax from bitcoin transactions. I am from Europe and i just wanna make sure it is really only for US costumers even though it is US based company , and what will happen when US costumer will not pay tax ? Can someone explain me this situation ? My country don't have laws about this crypto-currencies
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USD - in God we trust / BTC - in code we trust
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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Nubitcoinerr
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December 31, 2017, 05:10:40 PM |
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Where did you "hear" this from?
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Don Pedro Dinero
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Activity: 1302
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The first decentralized crypto betting platform
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December 31, 2017, 05:12:32 PM |
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In what EU country do you live in? Depending on the country, you will also have to pay tax, or not.
What’s happened is that people were legally obliged to pay tax, but it was upon them to declare it or not. And they could or could not get caught. What’s happened in the US is that Coinbase has been ordered to report data on some users, so those users will get caught if they haven’t been declaring.
Everything seems to point to a future direct sending of data from exchanges to governments.
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wonderchaff (OP)
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December 31, 2017, 05:33:41 PM |
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My country is around 20 years behind  we don't have any crypto-currency laws. Our government don't react on crypto-currencies. I was just curious cuz it is US based company no my country based company and we don't have any laws about this and our government don't care about crypto-currencies so than i don't have to pay taxes. Am i right ? |
USD - in God we trust / BTC - in code we trust
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BitBustah
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December 31, 2017, 05:35:28 PM |
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Belgium is considering a 33% tax on BTC exchanges. 33%, can you believe that? :s
Edited to add: I was told that European law prohibits paying taxes on currency exchanges. Too bad BTC is not an official currency here. |
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randy321
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December 31, 2017, 05:37:43 PM |
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There are very few countries in Europe (I think zero  ) where you don't have to pay taxes on your income. Talk to an accountant in your country! You don't want to take any chances with the law. |
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salamyman
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December 31, 2017, 05:39:44 PM |
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There are very few countries in Europe (I think zero ) where you don't have to pay taxes on your income. Talk to an accountant in your country! You don't want to take any chances with the law. Income tax is a fraud. You have to pay tax for your own work? With your own tools? What the hell did the government provide to help you? It's no different than the protection taxes used by mobsters in the past. |
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bitfocus
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December 31, 2017, 05:45:40 PM |
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Are you sure about this? It seems a rumor to me.
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wonderchaff (OP)
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December 31, 2017, 05:46:10 PM |
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Are you sure about this? It seems a rumor to me.
check coinbase.com |
USD - in God we trust / BTC - in code we trust
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Don Pedro Dinero
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The first decentralized crypto betting platform
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December 31, 2017, 05:54:02 PM |
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My country is around 20 years behind we don't have any crypto-currency laws. Our government don't react on crypto-currencies. I was just curious cuz it is US based company no my country based company and we don't have any laws about this and our government don't care about crypto-currencies so than i don't have to pay taxes. Am i right ? My country doesn’t have laws on cryptos either, but we do have to pay tax, so you’d better do some research. What has happened in my country is that some lawyers asked legal binding questions to the “tax department” of the government (dirección general de tributos). What they answered is of legal compliance, so something similar may have happened in your country. |
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QuestionAuthority
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You lead and I'll watch you walk away.
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December 31, 2017, 06:03:38 PM |
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There are very few countries in Europe (I think zero ) where you don't have to pay taxes on your income. Talk to an accountant in your country! You don't want to take any chances with the law. Income tax is a fraud. You have to pay tax for your own work? With your own tools? What the hell did the government provide to help you? It's no different than the protection taxes used by mobsters in the past. What do you have against fire departments, street lights, highways and grade schools? If we eliminate taxes are you going to pay for those things? No, you won’t because you’re a sociopath that hates society. The rest of us have to threaten you to make you pay your share. We do that by using taxes. LOL |
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