News for hackers. Stuff that matters.

A comment on Coinbase Ordered to Turn Over Identities of 14,355 Crypto Traders to the IRS. Parent comment

Re:Coinbase Ordered to Turn Over Identities of 14,355 Crypto... by sf_rob on Thursday November 30, 2017 @12:09PM (#15817365)
This may have been good advice previously, but the IRS has issued guidance on buying/selling BTC and mining. The former is treated as capital gains, the latter income. AFAIK they have not issued guidance on coin conversions (probably capital gains events) or hark forks.
[ Parent | on HN ]
Re:Coinbase Ordered to Turn Over Identities of 14,355 Crypto... by lucaspiller on Thursday November 30, 2017 @01:00PM (#15817879)
Here is the UK’s HMRC equivalent for anyone wondering:

https://www.gov.uk/government/publications/revenue-and-custo...

[ Parent | on HN ]