Birdwatch Note Rating
2023-05-10 16:03:27 UTC - NOT_HELPFUL
Rated by Participant: 2451CCE8995B81587CB095AEC852A043751F853F04F6DC6D3D22241364AD2AB9
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