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How are wallets "non-US based" or "US-based"? A wallet is just a collection of private keys...
by c0achmcguirk 11y ago
How are wallets "non-US based" or "US-based"? A wallet is just a collection of private keys...
- s73v3r 11y agoDepends on where the owner is. If you're in the US, you are supposed to declare them as an asset, and pay taxes on the sale of them.
- mdpopescu 11y agoI think US citizens are supposed to pay taxes on all income, no matter where it was obtained (and even if they already paid local taxes, unless there are specific agreements). Of course, I am not a lawyer and definitely not an US one :)