| Title | IRS: Virtual Currencies are Taxable | |
| Date | Wednesday March 26 2014, @08:40AM | |
| Author | LaminatorX | |
| Topic | ||
| from the you-know-you've-arrived-when dept. | ||
gishzida writes:
Reuters reports, "Wading into a murky tax question for the digital age, the Internal Revenue Service said on Tuesday that virtual currencies such as Bitcoin are to be treated as property for tax purposes. General tax principles that apply to property transactions apply to transactions using virtual currency," the IRS said in a statement."
Better put that BTC wallet in a mattress.
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printed from Dev.SN, IRS: Virtual Currencies are Taxable on 2024-05-04 22:08:14