Birdwatch Note Rating
2023-05-10 11:48:42 UTC - HELPFUL
Rated by Participant: 7638D183C4920BDE32A045145F72983BE8C59987BE5B7E434CAC45EDFA82AE83
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