Talk:Tax compliance: Difference between revisions
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It would be really nice if someone could research historical presidents as to whether bitcoins should be classified as non-functional currency (like foreign currency) or stored value like gold or silver. So far I think most of the text assumes bitcoins should be treated as stored value for tax purposes. | It would be really nice if someone could research historical presidents as to whether bitcoins should be classified as non-functional currency (like foreign currency) or stored value like gold or silver, or possibly something else entirely like a poker chip. So far I think most of the text assumes bitcoins should be treated as stored value for tax purposes. | ||
* The US government, at least, has already declared Bitcoins to be stored value. --[[User:Luke-jr|Luke-jr]] 21:47, 15 June 2011 (GMT) | |||
Latest revision as of 21:47, 15 June 2011
It would be really nice if someone could research historical presidents as to whether bitcoins should be classified as non-functional currency (like foreign currency) or stored value like gold or silver, or possibly something else entirely like a poker chip. So far I think most of the text assumes bitcoins should be treated as stored value for tax purposes.
- The US government, at least, has already declared Bitcoins to be stored value. --Luke-jr 21:47, 15 June 2011 (GMT)