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RE: Vlog #25: My crypto tax thoughts. It sure will be interesting this year if it keeps going up.

in #life7 years ago

Until you withdraw anything into your bank account, tax cannot be applied.
Crypto currency is still considered as virtual currency by government... there cannot not be any tax for virtual currency. If they come with a law which accepts crypto currency as real currency then we should include it in tax returns.

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that's been my understanding too.