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Since it's a currency conversion instead of a purchase, does this then circumvent sales tax laws when exchanging them for goods? Today it's just apps, but it c
by libria 14y ago
Since it's a currency conversion instead of a purchase, does this then circumvent sales tax laws when exchanging them for goods? Today it's just apps, but it could feasibly be tangible goods in the future.
- gesman 14y agoAmazon is too tasty piece for IRS. Where smaller merchants could get away with, AMZN is always under microscope.
- Dylan16807 14y agoI think you got something mixed up. Buying coins can be looked at as a currency conversation, sure, but exchanging coins for goods most certainly is not, and will be taxed as per usual.