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To: Cementjungle

Are Bitcoin transactions taxable? Considering that it’s worldwide currency online? If not, that’s one way to avoid Comrade Obama’s wealth-redistribution schemes.


6 posted on 01/18/2014 1:58:01 PM PST by Luircin
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To: Luircin

If you make a profit from something, it doesn’t matter if you’re paid in dollars, pesos, bitcoins or horse feed.... gains are taxable in this country.


7 posted on 01/18/2014 2:03:10 PM PST by Cementjungle
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