Birdwatch Note Rating
2023-05-15 20:31:52 UTC - NOT_HELPFUL
Rated by Participant: 3CFE553C58C14EEA0B33F87AA1055B5252C5947540054FB1604AB48A06D02984
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