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I have a spanner to throw at this. I'm American. I used to live in China. I bought some bitcoin in China. Later I changed some of that bitcoin for an altcoin.
by IIAOPSW 9y ago
I have a spanner to throw at this.
I'm American. I used to live in China. I bought some bitcoin in China. Later I changed some of that bitcoin for an altcoin. I now live in Japan and sometimes do more alt coin exchanges. How if at all am I taxed?
- notjesse 9y agoYou should honestly consult a tax professional about this, as it's not a good idea to get tax advice from strangers on the internet. But according to the IRS, you are only taxed at time of disposal when capital gains were realized. I am not at all familiar with Chinese or Japanese tax law, so I couldn't tell you what your liabilities might be there.