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Do 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
by jabgrabdthrow 8y ago
Do 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 8y agoIncome is always taxed, so yes, you would get taxed.
- tallanvor 8y 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 8y agoWealth taxes ignore property rights. When something is yours, it should stay yours unless you agree to part with it.