If you own bitcoin, here's how much you owe in taxes
If you own bitcoin, here's how much you owe in taxes
Every purchase you make with bitcoin has to be reported in your taxes.
Read more: www.cnbc.com
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Every transaction you make with any crypto coin apparently needs to be recorded. And, I've heard, in Japan it's even worse. No gov. knows how to deal with taxing this stuff. Instead of working them like stocks they're just f*ing everything up.
Or the answer is that you owe zero dollars in taxes. Mainstream media like CNBC are purposely misguiding people about cryptocurrency because it is a threat to the precipitous status of the dollar.
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It was only a matter of time until they were going to do this