RE: AVOIDING INCOME TAX (15%avg) when cashing out your BITCOIN into FIAT (theoretically of course!)

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AVOIDING INCOME TAX (15%avg) when cashing out your BITCOIN into FIAT (theoretically of course!)

in money •  7 years ago 

Makes no sense. You'll be charged tax on the purchase unless you're buying from the black market. Institutions that accept bitcoin will have to apply tax the sale.

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at least you wont be taxed twice right?