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False. Taxes also apply the moment coins are mined. See question Q-8 in the IRS notice.
by mrb 13y ago
False.
Taxes also apply the moment coins are mined. See question Q-8 in the IRS notice.
- gress 13y agoThat's fair, but it only applies to miners, not speculators who bought their coins. Also - does this apply retroactively to coins mined years ago? I.e. Does satoshi now owe millions of dollars in taxes?