Bitcoin Forum
May 04, 2024, 01:37:13 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Capital Gains Tax  (Read 837 times)
boconniff40 (OP)
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
March 10, 2012, 07:30:41 PM
 #1

It's not just 15%, check with an accountant or tax lawyer to know.
1714829833
Hero Member
*
Offline Offline

Posts: 1714829833

View Profile Personal Message (Offline)

Ignore
1714829833
Reply with quote  #2

1714829833
Report to moderator
1714829833
Hero Member
*
Offline Offline

Posts: 1714829833

View Profile Personal Message (Offline)

Ignore
1714829833
Reply with quote  #2

1714829833
Report to moderator
1714829833
Hero Member
*
Offline Offline

Posts: 1714829833

View Profile Personal Message (Offline)

Ignore
1714829833
Reply with quote  #2

1714829833
Report to moderator
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714829833
Hero Member
*
Offline Offline

Posts: 1714829833

View Profile Personal Message (Offline)

Ignore
1714829833
Reply with quote  #2

1714829833
Report to moderator
1714829833
Hero Member
*
Offline Offline

Posts: 1714829833

View Profile Personal Message (Offline)

Ignore
1714829833
Reply with quote  #2

1714829833
Report to moderator
Stephen Gornick
Legendary
*
Offline Offline

Activity: 2506
Merit: 1010


View Profile
March 10, 2012, 07:33:40 PM
 #2

 - http://en.bitcoin.it/wiki/Tax_compliance#Are_my_bitcoins_taxed_as_income.2C_or_as_capital_gains.3F

But is bitcoin a currency, like the Euro and Yen?  Or is it a commodity like gold or oil.   It probably isnt' a security.

Related:
 - http://blog.bitcointitan.com/post/17789738826/what-u-s-regulations-apply-to-bitcoins-as-commodities

Unichange.me

            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █


boconniff40 (OP)
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
March 15, 2012, 05:18:23 PM
 #3

OKAY, in the USA it really is 15% WOWWWWW, USA IS SO COOL
Matthew N. Wright
Untrustworthy
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


Hero VIP ultra official trusted super staff puppet


View Profile
March 15, 2012, 05:19:59 PM
 #4

OKAY, in the USA it really is 15% WOWWWWW, USA IS SO COOL

You must be new. (To the USA)

boconniff40 (OP)
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
March 15, 2012, 05:29:22 PM
 #5

I'm in Canada actually... up here it is 50% of what you earned times your tax rate

For example...

$100 x 50% x 43% = $21.5(21.5%)
Matthew N. Wright
Untrustworthy
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


Hero VIP ultra official trusted super staff puppet


View Profile
March 15, 2012, 05:31:02 PM
 #6

I'm in Canada actually... up here it is 50% of what you earned times your tax rate

For example...

$100 x 50% x 43% = $21.5(21.5%)

Jesus christ on a cracker.

boconniff40 (OP)
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
March 15, 2012, 05:31:33 PM
 #7

Not too bad really.. just 6.5% more than you guys.
Matthew N. Wright
Untrustworthy
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


Hero VIP ultra official trusted super staff puppet


View Profile
March 15, 2012, 05:34:47 PM
 #8

Not too bad really.. just 6.5% more than you guys.

Well the Hague convention has made things a bit more comfortable for me here in South Korea.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!