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It sort of sounds like they're treating Bitcoin transactions like a non-EEA lottery. If you win, you pay your taxes, and if you lose you don't get to deduct th
by tallanvor 9y ago
It sort of sounds like they're treating Bitcoin transactions like a non-EEA lottery. If you win, you pay your taxes, and if you lose you don't get to deduct the cost of your ticket.
Honestly, this doesn't bother me.
- jabgrabdthrow 9y agoDo you also get taxed if paid in bitcoin Why not just do a 10% wealth tax on all of a person's assets on top of their income tax
- Hamuko 9y agoIncome is always taxed, so yes, you would get taxed.
- tallanvor 9y agoI'm not in Finland or an expert on their taxation rules - my statement was based on a quick read of some of the information I found, but I would assume that if you chose to get paid in bitcoin than yes, you would have to determine the value of the bitcoin when you received it and pay taxes on it. When you cashed it out you would either have to pay taxes on the gains or eat the losses.
- test6554 9y agoWealth taxes ignore property rights. When something is yours, it should stay yours unless you agree to part with it.