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RE: The CryptoCurrency Tax Fairness Act
I always wondered when the IRS would get involved. Way too much money being made for them not to want their cut.
I always wondered when the IRS would get involved. Way too much money being made for them not to want their cut.
agree :)
I think you still should not pay them anything if you invest in crypto.
But they do not concern me anyway, since I am not an American.
Its the same thing with people now wanting to have invested in BTC 2 years ago.. If federal institutions would have taxed cryptos about 2 years ago, they would've made millions off of it. Yet they are too slow.
They got involved back in 2014....