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RE: ADSactly On ADSACTLY - Part #38 - Taxation of Crypto - Part #1

in #adsactly7 years ago

While I agree taxing it as property is extremely difficult to calculate (on both sides), I see where they are coming from. If you only tax crypto when it's converted to fiat, all of the purchase paid for in crypto will go untaxed. I'm not defending it, I'm just saying I understand their POV.

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