Accepting Bitcoin as Payment

Tobias
Posts: 2
Joined: Thu Jul 20, 2017 12:05 pm

Accepting Bitcoin as Payment

Postby Tobias » Fri Jul 21, 2017 12:51 pm

What happens when anyone sells something and accept the only Bitcoin as a payment method? Will it be taxable?

dynastyQB
Posts: 100
Joined: Wed May 03, 2017 7:17 am

Re: Accepting Bitcoin as Payment

Postby dynastyQB » Sat Jul 22, 2017 8:34 am

No, it won't. Bitcoin is tax-free and you won't be paying any taxes on it.

paranoidGlitch
Posts: 112
Joined: Wed May 03, 2017 7:38 am

Re: Accepting Bitcoin as Payment

Postby paranoidGlitch » Tue Sep 05, 2017 5:57 am

It is acceptable to sell something and get bitcoin as a payment method

pual
Posts: 49
Joined: Tue Sep 05, 2017 5:59 am

Re: Accepting Bitcoin as Payment

Postby pual » Tue Sep 05, 2017 5:59 am

Bitcoin payment method is not acceptable with tax

phil
Posts: 83
Joined: Thu Apr 06, 2017 8:52 am

Re: Accepting Bitcoin as Payment

Postby phil » Tue Sep 05, 2017 6:00 am

Whatever method you’re using for bitcoin payment method like BitPay’s, commerce, billing and other methods of bitcoin payment from customer is acceptable anywhere in the world

Ray
Posts: 76
Joined: Sat Apr 08, 2017 8:23 am

Re: Accepting Bitcoin as Payment

Postby Ray » Tue Sep 05, 2017 6:00 am

no taxable

reebrilliant
Posts: 109
Joined: Wed Apr 26, 2017 8:37 am

Re: Accepting Bitcoin as Payment

Postby reebrilliant » Tue Sep 05, 2017 6:01 am

whatever you offer or buy and need to get bitcoin as returs with no expense then it is conceivable.

Reyes
Posts: 66
Joined: Sat Apr 08, 2017 6:13 am

Re: Accepting Bitcoin as Payment

Postby Reyes » Tue Sep 05, 2017 6:01 am

Everyone know that bitcoin is offer open environment then how it is possible to pay tax to buy and sell goods

Reynolds
Posts: 58
Joined: Fri Apr 07, 2017 10:44 am

Re: Accepting Bitcoin as Payment

Postby Reynolds » Tue Sep 05, 2017 6:02 am

No, it won't. Bitcoin is tax-exempt and you won't be paying any charges on it.

richardson
Posts: 42
Joined: Fri Apr 07, 2017 5:54 am

Re: Accepting Bitcoin as Payment

Postby richardson » Tue Sep 05, 2017 6:03 am

Bitcoin acknowledges as installment? Indeed, you can do it yet it wouldn't be assessable

rivera
Posts: 62
Joined: Fri Apr 07, 2017 5:45 am

Re: Accepting Bitcoin as Payment

Postby rivera » Tue Sep 05, 2017 6:04 am

Definitely it is not legal to accept tax on bitcoin or include any third person

robb
Posts: 44
Joined: Sat Apr 08, 2017 11:25 am

Re: Accepting Bitcoin as Payment

Postby robb » Tue Sep 05, 2017 6:04 am

When bitcoin is totally free of independent so is it legal to get tax on bitcoin whatever you are going to be sell or something.

jamy
Posts: 97
Joined: Mon Apr 10, 2017 10:42 am

Re: Accepting Bitcoin as Payment

Postby jamy » Fri Sep 08, 2017 8:27 am

No you still won't be paying any tax for it.

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