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what happens tax-wise if I buy $100 of Euros and in a month I sell them at $150?
by lazyant 13y ago
what happens tax-wise if I buy $100 of Euros and in a month I sell them at $150?
- BenoitEssiambre 13y agoI'm pretty sure, as with Bitcoins, you would pay tax on $50: see http://www.investopedia.com/articles/forex/09/forex-taxation-basics.asp http://www.investopedia.com/articles/forex/09/forex-taxation...
- lazyant 13y agoSo then I don't understand the point this article is trying to make, wouldn't this would reinforce the idea that bitcoin is like a currency (a foreign one for ex)?