Birdwatch Note Rating
2023-05-10 14:04:11 UTC - HELPFUL
Rated by Participant: AF81A294CAE3A2AC599839391ED431CA4243D3534A9DE1422F3C346C843AEB97
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