Re:Coinbase lets you convert your tokens into gift cards
by pc86 on Thursday July 26, 2018 @10:08AM
(#17617630)
> they are subject to taxes when converting from crypto
Being subject to taxes is a byproduct of the transaction, not the currency you use. You don't pay different tax rates for a transaction in Euro compared to the same transaction in USD.
I'm sure what you mean isn't that BTC makes it easier to avoid paying taxes, right?
Being subject to taxes is a byproduct of the transaction, not the currency you use. You don't pay different tax rates for a transaction in Euro compared to the same transaction in USD.
I'm sure what you mean isn't that BTC makes it easier to avoid paying taxes, right?