Birdwatch Note Rating
2023-05-10 08:49:49 UTC - HELPFUL
Rated by Participant: 335800A6276F80AC021B05E3A577B4543BF955EE4E55D235F004C0D2466E1C68
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