You are viewing a single comment's thread from:

RE: Will Crypto Ever Be Fully Taxable? Is Any Money Fully Taxable? And, Of Course, Should It Be?

in #crypto7 years ago

Hi @bayuya, when I said 'sales', I was referring to something like '10% off', '20% off', etc., rather than talking about sales as in 'a record of a sold item'. What I mean is that they wouldn't have to show what amount was paid if it was paid in a traceless crypto, which would make taxation/persecution more difficult because it would be tougher to figure out the profit that would be taxed. :)

Sort:  

Yeah, that makes sense. But isn't it the positive side of Cryptos ? :):) The fact that anyone can transact incognito?