Taxes on bitcoin payments

axel
Posts: 61
Joined: Sat Apr 08, 2017 10:45 am

Taxes on bitcoin payments

Postby axel » Fri Jun 09, 2017 10:28 am

If you receive payments for your services in bitcoin, do you still have to pay taxes?

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

Re: Taxes on bitcoin payments

Postby jamy » Fri Jul 07, 2017 10:34 am

Yes, you ARE supposed to pay taxes. It doesn't matter how your revenue comes, the government wants their cut.

alton
Posts: 93
Joined: Sat Apr 08, 2017 10:42 am

Re: Taxes on bitcoin payments

Postby alton » Tue Sep 12, 2017 10:07 am

There are no tax on bitcoin payment but if you receive a huge service through bitcoin then you should pay extra charges

alton
Posts: 93
Joined: Sat Apr 08, 2017 10:42 am

Re: Taxes on bitcoin payments

Postby alton » Tue Sep 12, 2017 10:15 am

There are no tax on bitcoin payment but if you receive a huge service through bitcoin then you should pay extra charges

aron
Posts: 60
Joined: Sat Apr 08, 2017 10:41 am

Re: Taxes on bitcoin payments

Postby aron » Tue Sep 12, 2017 10:16 am

Yeah! You should probably have supposed to pay tax for receiving bitcoin services

axel
Posts: 61
Joined: Sat Apr 08, 2017 10:45 am

Re: Taxes on bitcoin payments

Postby axel » Tue Sep 12, 2017 10:16 am

Although bitcoin is independent, no tax no part but tax should pay on that situation when you are going to receive an enormous transaction or send. This is because of security purposes

azimiballer
Posts: 114
Joined: Wed May 03, 2017 7:31 am

Re: Taxes on bitcoin payments

Postby azimiballer » Tue Sep 12, 2017 10:17 am

Anything that you get as installment for products or administrations is for the most part assessable wage unless it is particularly exempted.

bain
Posts: 88
Joined: Tue Apr 25, 2017 5:24 am

Re: Taxes on bitcoin payments

Postby bain » Tue Sep 12, 2017 10:20 am

just not is the sense of bitcoin in fact, in numerous locales, you are still lawfully required to report that as salary.

barr
Posts: 45
Joined: Sat Apr 08, 2017 10:43 am

Re: Taxes on bitcoin payments

Postby barr » Tue Sep 12, 2017 10:20 am

not in every sense of bitcoin

bas
Posts: 49
Joined: Sat Apr 08, 2017 10:44 am

Re: Taxes on bitcoin payments

Postby bas » Tue Sep 12, 2017 10:21 am

When using Bitcoin for installment, transaction or any other purpose the taxing authorities might be less inclined to know about the payments

bennett
Posts: 85
Joined: Fri Apr 07, 2017 6:29 am

Re: Taxes on bitcoin payments

Postby bennett » Tue Sep 12, 2017 10:22 am

as it is not legal to pay tax on bitcoin but are the bitcoin rules and requiremensts

bitcore
Posts: 21
Joined: Tue Sep 12, 2017 5:51 am

Re: Taxes on bitcoin payments

Postby bitcore » Tue Sep 12, 2017 10:22 am

as it is not legal to pay tax on bitcoin but some are the bitcoin rules and requirements

bert
Posts: 54
Joined: Sat Apr 08, 2017 10:46 am

Re: Taxes on bitcoin payments

Postby bert » Tue Sep 12, 2017 10:23 am

yes it is…because I have gain my personal experience

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