Taxes for crypto

[iLatios]

I dont know about the USA but there are crypto taxes in my country but as far as I know you can avoid them.

Fisrsly I also thought so. But after demanding KYC nearly  in all ICOs I am not sure that there will be the opportunity to avoid taxes

[Nagibator007]

taxes in bitcoin - it's weird, the very point of crypto currency is fading. like trying to make it as similar to a regular crypto-money. this is not very profitable for investors.. although, you may want to know more about the terms on which taxes will appear.

[iLatios]

Today is 15th of April. So tomorrow we will see some changes after taxes being provided. I hope it will not decrease the price of Bitcoin and altcoins

[Baltman]

Today is 15th of April. So tomorrow we will see some changes after taxes being provided. I hope it will not decrease the price of Bitcoin and altcoins

If you believe that it is caused by taxes, then why should a decrease in value take place tomorrow?

[Tidsdilatation]

Fuck paying taxes on Crypto! My local IRS is after me, they cant prove shit, but they are trying scare tactics. Using the right exchanges and hiding behind Tor/VPN should save you ALOT of money. Using out of country bank accounts are also good.

I hate the government, i dont want them to earn shit from my knowledge.

[Jimmy palumbo]

A proper tax would be desirable, since it would mean recognising that the cryptocurrency market is legal.
Then the market will be legalized and will attract more and more people.

[fosco333]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

That is not good, and won't do any good for the coin holders.
The government just want to own a large amount crypto from tax collected, to manipulate market.

[kier010]

cryptocurrency is going mainstream and government can earn money through taxes by exchange sites. it is good compared to banning cryptocurrency in their country. we cannot deny that many illegal activities are transacted through cryptocurrencies in exchange sites that don't have kyc. nothing to be afraid if you don't do illegal activities. government backing up cryptocurrency is a good thing and may attract more investor. the problem would be the corrupt people in the government.

[Jicokh79]

Then there will be taxes and that is of course the case. But it will also appear more but the new trading district because it is a market. Then there will be more controversy because of this new market and that is something we can not avoid.

[paulus51]

The application of taxation of operations in the crypto currency is, on the one hand, a deterioration, since it reduces the income of market participants. On the other hand, this is a positive moment, because the government recognizes officially the crypto currency

[Lareina]

The application of taxation of operations in the crypto currency is, on the one hand, a deterioration, since it reduces the income of market participants. On the other hand, this is a positive moment, because the government recognizes officially the crypto currency

I believe this is a good news for the market. It is equivalent to acknowledging the confirmation of virtual currency as an asset.

[FrueGreads]

Today is 15th of April. So tomorrow we will see some changes after taxes being provided. I hope it will not decrease the price of Bitcoin and altcoins

I think tax day in the US for 2018 will only occur on the 17th May, so we have to wait to more days to see if it will have an impact on crypto or not. People are saying that those that will have to pay taxes form crypto, will probably sell the coins they have in order to get funds to pay their taxes from there. No idea if this will happen or not, and right now what we saw was a bump in the markets and not a dump.

[besstat]

The taxes of many governments do not like this currency. can not be under control, taxation can not be done.

[Saveplus]

Taxes for crypto is not bad as long as it would be use in a right way by being legal of cryptocurrency it is good for us because we have our security.But those government sometimes abused the taxes they imposed and use it in corruption and we dont want to happenn that in bitcoin.

[hetecon]

in my country, the crypt is taxed, so earnings on the cryptocurrency are less profitable for me. So i'm thinkink now f it's worth to trade at all.

[noriksiayol]

If crypto business has a taxes, it means that there was a support development from the government, and it would also increased the positive trust of the community people to join cryptocurrency business. And it would also increase the price status that something grows up to the higher level. Hopefully the taxes would not affects the government control, because if government enter and control the price system of cryptocurrency which it makes the price going down,  it makes more people react and make something that against government control.

[fokinlipat]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

I do not know why is everyone against taxes on crypto. What is the problem in paying 10-20% of the profits made if you are making 1000% or more annually with your crypto investments. It is actually a good thing and I wish that even my country has the sense to introduce additional taxes instead of banning crypto completely.

It is a win - win situation for everybody as you are making money with crypto investment without worrying about legal aspects. Government is getting additional revenue which can be used for poor people.

[Xardasim]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

I think, it can help for price increase, because most of the world's traders are Americans. I saw a news that I read in the past that 8% of the American people are busy with crypto. So, this is a great number for Cryptoworld. I think the situation in the market is related to this and after now everything will be good.

[energodar2019]

I think that taxes on crypto currency need to be paid! I, as a citizen, will indicate the income from the crypto currency in the declaration, which I will receive when I withdraw to fiat money! The more people will do so, the more confidence in the crypto currency will be in the Government!

[Mickznet]

It is normal to all crypto have taxes to support the government, and the government will also give protection to legalize cryptocurrency in vice versa.