Birdwatch Note Rating
2023-05-10 13:57:07 UTC - NOT_HELPFUL
Rated by Participant: DEE3DE037C6CCC6A6820647F4B88EC24981769FC6956815A6B4455884AC49AE0
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