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    Thread: Is Taxing Bitcoins Possible?

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      Juskopo is offline
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      Is Taxing Bitcoins Possible?

      i have a little knowledge about bitcoin technologies but i just want to know if it is possible.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Alexthedefender04 is offline
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      Giving tax for being bitcoin holder is not possible as nobody use their own names or personal details for holding bitcoins in their wallet cryptos give high end privacy for their coin holders and it is not practical for any government to find out how much btc a person is holding so giving tax for holding btc is not something which is practical.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Mr. Cid is offline
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      In UK, the government gets some portions of money from their citizens who have invested on Bitcoin. Tax is imposed on Bitcoin and their people can use Bitcoin as good as cash.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Yeah, that would be great! I prefer my country to impose Taxes on Bitcoin than prohibit us from using this coin.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Paying taxes on bitcoin may seem daunting to people selling off their investments.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      kachinna is offline
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      The major reason why there has been so much pressure on bitcoin is because the government wants to have more controls over it. That would ensure people get taxed for trading. At the moment.nothing like taxation on bitcoin.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Mr. Cid is offline
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      Quote Originally Posted by kachinna View Post
      The major reason why there has been so much pressure on bitcoin is because the government wants to have more controls over it. That would ensure people get taxed for trading. At the moment.nothing like taxation on bitcoin.
      Really? I thought the Uk government-imposed taxes on Bitcoin users.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Mr. Cid View Post
      Really? I thought the Uk government-imposed taxes on Bitcoin users.
      The tax is for mining activity, not trading on platforms like this. I just verified the information. Though most governments face challenges regulating bitcoins that is what they tried to openly speak against it.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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