Birdwatch Note Rating
2023-05-10 15:32:38 UTC - NOT_HELPFUL
Rated by Participant: 8FF0DF32156EF09F90D77E6BAE0F7F7F4148CA8CF51155D876FCE5D9A20B9208
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