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Depends on your country of residence. In the US, I believe this is the case, in Denmark, this isn't the case (http://taxinsights.ey.com/archive/archive-news/dan

by runeks 12y ago

Depends on your country of residence. In the US, I believe this is the case, in Denmark, this isn't the case (http://taxinsights.ey.com/archive/archive-news/danish-assessment-board-bitcoin-currency-fluctuations-taxable-details.aspx http://taxinsights.ey.com/archive/archive-news/danish-assess...).

pathy 12y ago
Of course. It does vary on a country to country basis. I believe most countries consider BTC an asset rather than a currency, thus incurring the capital gains tax. Sweden for example does, and I believe Norway as well. Funny that, Scandinavian countries usually have similar legislation. ( http://blog.btcx.se/bitcoin-nytt/dags-att-deklarera-bitcoin-2014/ http://blog.btcx.se/bitcoin-nytt/dags-att-deklarera-bitcoin-... )