Talk:Tax compliance: Difference between revisions

From Bitcoin Wiki
Jump to navigation Jump to search
Docbill (talk | contribs)
No edit summary
Luke-jr (talk | contribs)
No edit summary
 
Line 1: Line 1:
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.
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)