Bitcoin and Taxes

[sunsilk]

Revealing on how many bitcoins you have shouldn't be an issue if you are going to pay taxes.

You will sell your bitcoins for USD or local currency that you prefer and just pay your tax accordingly and declare it as your income. And the taxation would depend on the fiat value of your income and not with the total amount of bitcoin you have. Well this crypto taxation thing is really confusing but just file a revenue tax.