The law is an ass and thats why we dont understand it, the goverment will always be the government.
Taxes can never be paid on crypto its not a local fiat currency sir.
However im glad i saw this, sir Rok
The law is an ass and thats why we dont understand it, the goverment will always be the government.
Taxes can never be paid on crypto its not a local fiat currency sir.
However im glad i saw this, sir Rok
IGNORANCE.
I'd recommend you stop spreading such misconceptions, otherwise you're putting others at risk of following BAD advice that could land them in serious trouble for tax fraud/evasion.
I don't know if that's the case in Nigeria, but it's DEFINITELY not in most first-world countries, and taking such approach would be reckless, irresponsible, and just plain stupid.
pardon the bluntness, but these aren't small matters. I wish your statement were the truth, but were I or anyone else to act as thought it was, we’d not be doing our families a favour by exposing them to the risks associated with ignoring the law.
I think he simply meant that you can't pay your taxes IN crypto. You can't send the government BTC to cover your tax bill.
Not in Canada (at least yet), Although there has been news of a few countries and states where it is now possible...