Pay taxes on bitcoin?

gareth
Posts: 61
Joined: Thu Apr 06, 2017 10:50 am

Pay taxes on bitcoin?

Postby gareth » Fri Jun 09, 2017 8:10 am

Those who own bitcoin: are you supposed to pay tax on your bitcoin holdings?

Crosergh
Posts: 19
Joined: Thu Apr 27, 2017 5:24 am

Re: Pay taxes on bitcoin?

Postby Crosergh » Mon Jul 10, 2017 11:23 am

Yes, there are some scenarios in which you are supposed to pay taxes on bitcoin:

- Selling bitcoins that you mined personally to a third party
- Selling bitcoins you bought from someone to a third party.
- Using bitcoins that you mined to buy goods or services.
- Using bitcoins that you bought from someone to buy goods or services.

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

Re: Pay taxes on bitcoin?

Postby paranoidGlitch » Tue Sep 05, 2017 7:21 am

Coinbase and different organizations that purchase and offer Bitcoins are required by controllers to record the identities of individuals who purchase and offer virtual cash on their stages without taxes.

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

Re: Pay taxes on bitcoin?

Postby pual » Tue Sep 05, 2017 7:22 am

as bitcoin is not taxable but in some of case where you must to pay tax

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

Re: Pay taxes on bitcoin?

Postby phil » Tue Sep 05, 2017 7:22 am

if you want to buy a large amount of goods or commodity then you must pay tax

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

Re: Pay taxes on bitcoin?

Postby Ray » Tue Sep 05, 2017 7:23 am

some of countries allow to pay tax on bitcoin because people use bitcoin as for legal purpose

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

Re: Pay taxes on bitcoin?

Postby reebrilliant » Tue Sep 05, 2017 7:24 am

different situation where you should pay tax on bitcoin

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

Re: Pay taxes on bitcoin?

Postby Reyes » Tue Sep 05, 2017 7:24 am

although bitcoin gain a lots value now a days like people convert them to their fiat currency but some of countries accept dues

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

Re: Pay taxes on bitcoin?

Postby Reynolds » Tue Sep 05, 2017 7:25 am

when bitcoin is free of cost without tax then why are you asking this question?

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

Re: Pay taxes on bitcoin?

Postby richardson » Tue Sep 05, 2017 7:26 am

Exactly Reynolds, this common sense that there is no any bitcoin tax or dues or something like that

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

Re: Pay taxes on bitcoin?

Postby rivera » Tue Sep 05, 2017 7:26 am

What do you think about bitcoin tax process? Is it to alright if someone want to sell and buy commodity with charges?

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

Re: Pay taxes on bitcoin?

Postby robb » Tue Sep 05, 2017 7:27 am

No rivera, but some of situation allow you to pay little bit tax

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

Re: Pay taxes on bitcoin?

Postby jamy » Fri Sep 08, 2017 8:26 am

when bitcoin is free of cost without tax then why are you asking this question?
exactly!

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