Birdwatch Note Rating
2023-05-10 22:28:19 UTC - NOT_HELPFUL
Rated by Participant: 437E0FB6FFE794273E89F290F77AD69667A537384323489CDCB4CA29DEEEC870
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