News about Legal

More / Bitcoin Reddit - 2 years ago

When Bitcoin became legal tender in El Salvador, it was removed from taxation (exempt from capital gains taxes or even income taxes when paid in it). This set a beautiful standard that Mexico is considering, & Portugal has already partially implemented bu

Question: Now that states (California) & cities (Lugano) are considering or officially announcing (respectively) adoption of Bitcoin as a legal tender, will there be tax advantages in those areas, either to businesses or to individuals?I'm happy...

More / Bitcoin Reddit - 2 years ago

When Bitcoin became legal tender in El Salvador, it was removed from taxation (exempt from capital gains taxes or even income taxes when paid in it). This set a beautiful standard that Mexico is considering, & Portugal has already partially implemented bu

Question: Now that states (California) & cities (Lugano) are considering or officially announcing (respectively) adoption of Bitcoin as a legal tender, will there be tax advantages in those areas, either to businesses or to individuals?I'm happy...

More / Bitcoin Reddit - 2 years ago

When Bitcoin became legal tender in El Salvador, it was removed from taxation (exempt from capital gains taxes or even income taxes when paid in it). This set a beautiful standard that Mexico is considering, & Portugal has already partially implemented bu

Question: Now that states (California) & cities (Lugano) are considering or officially announcing (respectively) adoption of Bitcoin as a legal tender, will there be tax advantages in those areas, either to businesses or to individuals?I'm happy...

More / Bitcoin Reddit - 2 years ago

When Bitcoin became legal tender in El Salvador, it was removed from taxation (exempt from capital gains taxes or even income taxes when paid in it). This set a beautiful standard that Mexico is considering, & Portugal has already partially implemented bu

Question: Now that states (California) & cities (Lugano) are considering or officially announcing (respectively) adoption of Bitcoin as a legal tender, will there be tax advantages in those areas, either to businesses or to individuals?I'm happy...

More / Bitcoin Reddit - 2 years ago

When Bitcoin became legal tender in El Salvador, it was removed from taxation (exempt from capital gains taxes or even income taxes when paid in it). This set a beautiful standard that Mexico is considering, & Portugal has already partially implemented bu

Question: Now that states (California) & cities (Lugano) are considering or officially announcing (respectively) adoption of Bitcoin as a legal tender, will there be tax advantages in those areas, either to businesses or to individuals?I'm happy...

More / Bitcoin Reddit - 2 years ago

When Bitcoin became legal tender in El Salvador, it was removed from taxation (exempt from capital gains taxes or even income taxes when paid in it). This set a beautiful standard that Mexico is considering, & Portugal has already partially implemented bu

Question: Now that states (California) & cities (Lugano) are considering or officially announcing (respectively) adoption of Bitcoin as a legal tender, will there be tax advantages in those areas, either to businesses or to individuals?I'm happy...

by COINS NEWS - 2 years ago

China's Supreme Court just declared Bitcoin illegal

The ruling paves the way for violators to be criminally prosecuted, with a punishment of up to 10 years in prison and fines of up to $79,000. China's Supreme Court ruled Thursday that virtual asset transactions constitute "illegal fundraisin...