Tax compliance: Difference between revisions
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Add disclaimer. |
Add section headers for Types of Transactions, Types of Taxes, and Jurisdictions. |
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This page was created by those in the Bitcoin community to help in understanding tax compliance concerns. This is not eithre legal nor accounting advice. For either for those consult your attorney or accountant. | This page was created by those in the Bitcoin community to help in understanding tax compliance concerns. This is not eithre legal nor accounting advice. For either for those consult your attorney or accountant. | ||
==USA== | ==Types of Transactions== | ||
* Currency exchange trading | |||
* Investment as a commodity | |||
* Purchase of goods and services | |||
* Barter | |||
==Types of Taxes== | |||
* Sales Taxes | |||
* Value Added Taxes | |||
* Income Taxes | |||
* Excise Taxes | |||
==Jurisdictions== | |||
===USA=== | |||
==See Also== | ==See Also== | ||
Revision as of 11:57, 14 June 2011
There may be tax liabilities encountered when transacting with or trading in bitcoins. Some of those that are possible might be described below.
This page was created by those in the Bitcoin community to help in understanding tax compliance concerns. This is not eithre legal nor accounting advice. For either for those consult your attorney or accountant.
Types of Transactions
- Currency exchange trading
- Investment as a commodity
- Purchase of goods and services
- Barter
Types of Taxes
- Sales Taxes
- Value Added Taxes
- Income Taxes
- Excise Taxes