Pay taxes on bitcoin?

gareth
Posts: 138
Joined: Thu Apr 06, 2017 10:50 am

Pay taxes on bitcoin?

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?

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: 256
Joined: Wed May 03, 2017 7:38 am

Re: Pay taxes on bitcoin?

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: 116
Joined: Tue Sep 05, 2017 5:59 am

Re: Pay taxes on bitcoin?

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: 168
Joined: Thu Apr 06, 2017 8:52 am

Re: Pay taxes on bitcoin?

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: 147
Joined: Sat Apr 08, 2017 8:23 am

Re: Pay taxes on bitcoin?

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: 208
Joined: Wed Apr 26, 2017 8:37 am

Re: Pay taxes on bitcoin?

Tue Sep 05, 2017 7:24 am

different situation where you should pay tax on bitcoin
Reyes
Posts: 131
Joined: Sat Apr 08, 2017 6:13 am

Re: Pay taxes on bitcoin?

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: 129
Joined: Fri Apr 07, 2017 10:44 am

Re: Pay taxes on bitcoin?

Tue Sep 05, 2017 7:25 am

when bitcoin is free of cost without tax then why are you asking this question?
richardson
Posts: 108
Joined: Fri Apr 07, 2017 5:54 am

Re: Pay taxes on bitcoin?

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: 140
Joined: Fri Apr 07, 2017 5:45 am

Re: Pay taxes on bitcoin?

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: 110
Joined: Sat Apr 08, 2017 11:25 am

Re: Pay taxes on bitcoin?

Tue Sep 05, 2017 7:27 am

No rivera, but some of situation allow you to pay little bit tax
jamy
Posts: 206
Joined: Mon Apr 10, 2017 10:42 am

Re: Pay taxes on bitcoin?

Fri Sep 08, 2017 8:26 am

Reynolds wrote:
Tue Sep 05, 2017 7:25 am
when bitcoin is free of cost without tax then why are you asking this question?
exactly!

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