Birdwatch Note Rating
2023-05-09 23:02:48 UTC - NOT_HELPFUL
Rated by Participant: C9D2A41D3F2B11E509370AE233FAB60F14F73A8343467396E3548926AEB7DE82
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