RE: US bill has been made to remove taxes from BTC transactions under $600

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US bill has been made to remove taxes from BTC transactions under $600

in money •  7 years ago 

Yes for sure, it comes down to personal opinion. However the IRS is one of the strongest and most powerful forces in this world, tax evasion is highly illegal and will get you jail time. But for now it is hard to tract or prove, with traditional investments the exchanges and companies themselves send the government information. I think exchanges will be regulated soon to make sure taxes are being paid, and ICO's are regulated properly. Overall a good thing for attracting more people to the market.

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