Quote:
Originally Posted by AFSC
I'm having an issue translating the meaning of your comment. Seems to be a rhyme wrapped in a mystery, inside an enigma. We've been accepting crypto for several months now. Probably done close to 100 deals with customers paying with crypto since March.
|
Well, I have heard from the inner circle of your "satanic club"
that there was a reporting of an audit by financial authorities ... And that you openly on the forum propose you took Bitcoins already since March, they must see this. You should be more careful...
Taken from here:
https://www.cnbc.com/2018/01/25/if-y...-in-taxes.html
Quote:
Whether you've used bitcoin as an investment or as a currency, you owe taxes on it.
As far as Uncle Sam is concerned, bitcoin is not currency. It's property. That means whenever you buy something with bitcoin, it's two transactions, not one. What you're actually doing is selling a property (bitcoin) for a cash value and then using money from that sale to buy a product. So every single purchase you make with bitcoin has to be reported on your taxes.
|