Questions tagged [taxes]
Questions about taxes due to mining, trading, and getting paid in Cryptocurrency.
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What additional actions should an ethical Bitcoin-related business take with each transaction?
I'm considering starting an ethical business for users that accepts Bitcoin as a payment. My intent is to abide by all laws and interpret them in an appropriate manner.
My intent is to abide by ...
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Can I buy cryptocurrency being on H1B Visa?
Can I Buy/Sell bitcoin/Ethereum or get involved extensively in cryptocurrency? If so how much capital can I invest? I am currently on H1B Visa and wanted to get some insight on this. Thanks!
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Cathie Wood "Bitcoin not suitable for ETFs" - why?
Cathie Wood of ARK Invest is quoted in a Bloomberg article:
Wood was a believer in Bitcoin, too, and it powered some of the early gains in her funds. But after discovering an adverse tax rule, Ark ...
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Taxes when selling products/services in bitcoin
If I sell products/services in bitcoins, do I need to convert them to dollar (or the local currency) always? Or it's ok to charge in Bitcoin and fill the invoice in BTC (and/or with the conversion to ...
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Tax implications of withdraw fee from one exchange (Binance) to another GDAX/Coinbase
I transferred 0.2 ETH and 0.3 ETH in separate transfers from GDAX to Binance (GDAX does not charge a fee for this).
Then, I transferred back from Binance to GDAX all 0.5 ETH, but since Binance ...
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Do bitcoins count as income in the UK?
I am interested in mining bitcoin here in the UK. I have done a quick search and cannot find anything relevant. If I were to use a cloud mining service to mine bitcoin, would it be counted as income ...
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How do I account for bitcoin profit on UK tax return
I want to cash out some bitcoin with a profit (<£2000) from trading.
Do I need to declare it in my next tax statement? Is it ok to just show amount bought and amount held or do I need to ...
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Are Bitcoin/cryptocurrency trades or earnings taxed in Albania?
Are Bitcoin/cryptocurrency trades or earnings taxed in Albania as of the beginning of 2020?
I've also seen some news of a European standard that countries are adopting. This may hold the answer to the ...
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Gift bitcoin more than the annual limit to a friend overseas without tax implications?
If I am gifting my friend say $100k work of bitcoins or any other crypto. Do I have to pay tax apart from the annual limit of $15k. Or will it be cut from my life time limit? My friend he live in a ...
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in the united states if i buy or sell btc should i pay sales tax and captital gain tax?
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 ...