RE: Every crypto transaction in 2018 is a taxable event, as per the new tax law

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Every crypto transaction in 2018 is a taxable event, as per the new tax law

in tax •  7 years ago 

so how are they going to go when you start actually spending your crypto? is every $3 coffee that i use VTC to pay for going to be a capital event?

and the fact of the matter is - there is no record of these crypto trades. Once you're in the blockchain you're pretty much untrackable - unless start to expect exchanges to report activities - and then it gets even trickier because you can use almost any exchange in the world.

tax
7 years ago by

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