Birdwatch Note Rating
2023-05-10 13:46:15 UTC - HELPFUL
Rated by Participant: 6614E48E91B648C9776F10CE1D8A42F2F2729736EAA1BE1AA32F8495DE2B1941
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