Taxing Every Bitcoin Purchase Will Backfire for the IRS – Coindesk


Coindesk

Taxing Every Bitcoin Purchase Will Backfire for the IRS
Coindesk
In the U.S., the Internal Revenue Service's (IRS) treatment of bitcoin taxation has arguably had a similar effect. By effectively telling taxpayers they need to calculate capital gains taxes for every $25 gift card purchased with bitcoin, the IRS is ...
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