Bitcoin, the world’s most popular cryptocurrency, is now being taxed in a number of countries around the world. While some Bitcoin enthusiasts may view this as a negative development, it is important to remember that taxation is a key component of any functioning economy. In this article, we will take a closer look at how […]
What Is The Tax Rate On Bitcoin Profit
The tax rate on Bitcoin profit can be confusing for taxpayers. The Internal Revenue Service (IRS) has not yet released guidance on how to tax bitcoin and other digital currencies, so taxpayers must rely on guidance from other sources. The most common way to tax bitcoin is as a capital asset. The capital gains tax […]
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