Skip to content

Bitcoin (BTC)

Everything you need to know about BTC coin

  • Search
  • Menu
×

Archives

  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022

Categories

  • Historical Price
  • News
  • Overview
  • Price Prediction
  • Taxes

Browse:

  • Home
  • Tax

Discover the Surprising Tax Implications for Bitcoin Owners in Canada!

January 28, 2023 by bitcoin_coin
Discover the Surprising Tax Implications for Bitcoin Owners in Canada!

In Canada, Bitcoin and other cryptocurrencies are considered commodities for tax purposes. This means that any profits made from the sale or exchange of Bitcoin are subject to capital gains tax. The tax rate for capital gains in Canada is half of the individual’s marginal tax rate, which varies depending on their income level. It…

  • continue reading
  • Taxes
  • Tagged CA, Tax
  • 129

What taxes should I pay in USA when I sell Bitcoin?

January 18, 2023 by bitcoin_coin
What taxes should I pay in USA when I sell Bitcoin?

As a United States citizen, it is important to be aware of the taxes that may be owed when selling Bitcoin or other cryptocurrencies. First, it is important to note that the IRS views Bitcoin and other cryptocurrencies as property, rather than currency. This means that any gains or losses from the sale of Bitcoin…

  • continue reading
  • Taxes
  • Tagged Bitcoin, Tax, US
  • 137

Categories

  • Historical Price
  • News
  • Overview
  • Price Prediction
  • Taxes

Proudly Powered By WordPress