Birdwatch Note Rating
2023-05-10 13:29:50 UTC - HELPFUL
Rated by Participant: 6B0E4B30B5795C89FD94EC97F3367677D7207595ED7763281995C4D082D86D81
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