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RE: Use TenX Pay Visa to legally avoid Capital Gains Tax in the US.

in #cryptocurrency7 years ago

600 to an independent contractor in a year. So if you spend 599 at kmart and 599 at walmart and 599 at BJs etc. Also it seems like doing this will be way to complicated to trace. I am not a tax advisor, do what you think is best, I will be spending what I can this way to offset cap gains tax.

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If that's correct, then why is there a Bill in the house to allow purchases of less than $600 using cryptocurrency without capital gains tax? I'm no tax professional, but I think you'd better consult one. You could be setting yourself up for a big problem in the future. Good luck!

I am not a tax professional, I stated that and I included the bill for anyone to read.

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