Birdwatch Note Rating
2023-05-09 21:57:18 UTC - HELPFUL
Rated by Participant: 41998CF4F031F3AB2B6D18EA95C409F3213CD6DF14846E6CF6B394883294D148
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