BITCOIN IS NOW A TAXABLE ASSET – IRS Says Bitcoins are Property and Not Currency

By cineramaJanuary 19, 2015Bitcoin Business

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Wading into a murky tax question for the digital age, the U.S. Internal Revenue Service said on Tuesday that bitcoins and other virtual currencies are to be treated, for tax purposes, as property and not as […]

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BITCOIN IS NOW A TAXABLE ASSET – IRS Says Bitcoins are Property and Not Currency

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Previous PostCryptocurrency round-up: Silk Road judge to ban Karpeles 'hearsay' evidence, as KPMG warns of bitcoin threat

Next PostBitwage Launches Bitcoin-Based Payroll Product for US Companies

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