Re:Ask HN: Would you work for the company being paid in Bitc...
by brudgers on Sunday April 27, 2014 @01:45PM
(#7655993)
[I am not a tax lawyer]
In the US, no fucking way. As property, bitcoins are collateral against business loans and therefore subject to claims by creditors even after they have been used as 'payment' to employees [or anyone else].
In the US, no fucking way. As property, bitcoins are collateral against business loans and therefore subject to claims by creditors even after they have been used as 'payment' to employees [or anyone else].
http://www.creditslips.org/creditslips/2014/03/is-ucc-articl...
The IRS can probably claw them back too should there be an unpaid tax liability.