Birdwatch Archive

Birdwatch Note Rating

2023-05-10 12:26:58 UTC - NOT_HELPFUL

Rated by Participant: 66AFA42F8077C65B0F526E5CC265D5969DC47EA7568892E1E060A10BA8A549C2
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

Original Tweet

All Information

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  • version - 2
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  • disagree - 0
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  • notHelpful - 0
  • helpfulnessLevel - NOT_HELPFUL
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