Birdwatch Archive

Birdwatch Note Rating

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

Rated by Participant: B5CF58FFB1FD72EDF75ADFC900702B3154D6CF415ADFB7A357D2E1032E7AAE86
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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  • notHelpful - 0
  • helpfulnessLevel - NOT_HELPFUL
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