Birdwatch Note Rating
2023-05-09 23:21:41 UTC - HELPFUL
Rated by Participant: 469A4AEB67ED872AF274CB507917252EAAE03F5C74D03AE0E4E4CFCA1762BEF7
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