Birdwatch Note Rating
2023-05-10 21:03:40 UTC - HELPFUL
Rated by Participant: DCB81732D76F238C1D10C239E865E43DD07837E1F99C99A5922C26DEEBD6DEAB
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