Stock market Forex Market Commodity market Economy Cryptocurrency to Panasonicmicrowaveoven began to trust. Poland has introduced a new bill, the Cryptocurrency began to trust. Poland introduced a new bill August 29, 2018, 16: 20 Read: 411 the country's Government, which has spent hundreds of thousands of dollars on a campaign against digital money, can introduce loyal tax legislation the Polish Authorities introduced a new cryptocurrency bill, which details the taxation of transactions with digital money, writes Bitcoin.com mmm. It can be approved in the third quarter of 2018, the government plans to simplify the procedure for paying taxes from such activities. In the document, officials divided the concepts of cryptocurrency and centralized currency. It States that the new type of asset can be a means of payment, stored, transferred electronically and used in e-Commerce. The Polish government does not plan to tax cryptocurrency transactions, but the income from the sale of property, services and goods related to digital money, users will have to pay capital gains tax. Citizens will have to fill in the Declaration and submit it once a year. Earlier, the Central Bank of Poland spent more than $ 250 thousand on a campaign against digital money. The government planned to introduce a tax on any transactions with digital money, even unprofitable, but received in response a lot of negativity and revised its position.
I cant help but laugh at the news and the Fear of Uncertainty and Doubt(FUD) affecting several week hands in the community.
It's only a matter of time and Bitcoin will go Mainstream.
The news is one of the needed measures aimed at enhance the usage of cryptocurrency; which will in-turn bring more value to the community.
I see more countries towing this same path; not just because of legislation but associated benefits which they have been missing out on.
I see the ending of 2017 repeating it'self in terms Bitcoin appreciation in value.
Get more Bitcoin before it gets late.