3 ms·

Writing up the accounting and distributing tax for that must be a bugger.

• danw 13y ago
  I think bitcoins just count as assets
  • ValentineC 13y ago
    They probably get taxed as income at the point they're converted into Sterling. (I'm not an accountant or lawyer.) Does anyone think Bitcoin might gain greater adoption if more accountants and lawyers knew how to advise their clients?
    • mikeash 13y ago
      Are BTC different from accepting any other non-cash asset as payment? It's not really a foreign concept, just a new example of it.