Birdwatch Note Rating
2023-05-11 23:04:44 UTC - NOT_HELPFUL
Rated by Participant: 233C61287BC42BA447FC767E1E1FF9C288EC0F556123D7222B6ABEF53AAB90A4
Participant Details
Original Note:
Virtual currency is treated as property and general tax principles applicable to property transactions apply to transactions using virtual currency. When investors sell virtual currency they must pay tax on any capital gain. There is no evidence of “Loopholes” to avoid this. https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions
All Note Details