That's good information. And this makes sense in a situation where you buy/sell/exchange on an Coin Exchange (like Coinspot or BTCMarkets).
How about a scenario where you buy coins on an exchange and then use a service like shapeshift or changelly into another coin?
In the first scenario there is a CGT event when you sell your coin back to fiat. In the second scenario, this coin is never sold to fiat (as far as I know), so it would be very hard to determine exact capital gains? Not to mention the fact that shapeshift is more anonymous than using an exchange...
- Forums
- International Markets
- Tax on Bitcoin gain = CGT
That's good information. And this makes sense in a situation...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)