Birdwatch Note Rating
2023-05-10 09:20:40 UTC - HELPFUL
Rated by Participant: 65ED8E14439B9DE7BA69C0CF442E8C2A64C58E4455BA18811D58D080BC186707
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