As the title.suggests. I understand if I sell bitcoins, or make purchases (say I briefly sell for use then purchase good) I should pay capital gain if there was one. But should I also pay sales tax if I purchase btc for usd? Technically am I liable for sales tax?

  • Also if I purchase the currency on a exchange do they take care of it on their quarterly books (with fees and such)? I assume they do? Sep 1 '17 at 23:25
  • Regarding capital gains, see bitcoin.stackexchange.com/questions/17351/…. I do not know about sales tax, but I have never heard of anyone charging or paying sales tax on a purchase or sale of bitcoins. Sep 1 '17 at 23:54

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Browse other questions tagged or ask your own question.