How does taxation in Liechtenstein, Switzerland, Germany, UK, Australia and US look like for the cryptocurrency Bitcoin

Taxation of Bitcoin


Ensayo, 2017

6 Páginas, Calificación: 1,00

Anónimo


Resumen o Introducción

This paper has a in depth look into the subject of Taxation of Bitcion in the UK, Germany, Liechtenstein, Switzerland, Australia.

According to the US Internal Revenue Service (IRS) bitcoin is an asset or an intangible property, but not a currency. The reason behind this definition is that bitcoin is not issued by central banks. For bitcoin holders, this means that every transaction (buying, selling, investing or even using bitcoin) must be reported to the tax authority, no matter how big the amount is. In this context capital gains tax has to be paid if goods are bough in a grocery store (IRS, 2016).

Detalles

Título
How does taxation in Liechtenstein, Switzerland, Germany, UK, Australia and US look like for the cryptocurrency Bitcoin
Subtítulo
Taxation of Bitcoin
Universidad
University of Liechtenstein, früher Hochschule Liechtenstein
Calificación
1,00
Año
2017
Páginas
6
No. de catálogo
V366924
ISBN (Ebook)
9783668458154
Tamaño de fichero
639 KB
Idioma
Inglés
Palabras clave
Bitcion, Cryptocurrency, Taxtion
Citar trabajo
Anónimo, 2017, How does taxation in Liechtenstein, Switzerland, Germany, UK, Australia and US look like for the cryptocurrency Bitcoin, Múnich, GRIN Verlag, https://www.grin.com/document/366924

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