<center><a href='https://d.tube/#!/v/louisthomas/csun84ga'><img src='https://ipfs.io/ipfs/QmVitcsMEYwWDeYE5mQ4dfY5nxVddgS3eJw4MCwt9Zfvpn'></a></center><hr> People keep asking me to make crypto-related content concerning taxes and the capital gains tax liabilities that people might incur from investing in the likes of Bitcoin and Ethereum. The truth is that I'm just not qualified to comment on this. But I still want to offer a little piece of advice that I think will be of enormous value to people. DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make. ***I am in the process of adding many of my videos from YouTube on to DTube. Apologies for any posts that you've already seen before! Original date of upload: November 20th 2017 <hr><a href='https://d.tube/#!/v/louisthomas/csun84ga'> โถ๏ธ DTube</a><br /><a href='https://ipfs.io/ipfs/QmU2X4RhPQjhofi18nrDoarD3oyazNSrcfx7MCTkPkrNEh'> โถ๏ธ IPFS</a>
post_id | 46,085,551 | ||||||
---|---|---|---|---|---|---|---|
author | louisthomas | ||||||
permlink | csun84ga | ||||||
category | cryptocurrency | ||||||
json_metadata | "{"links": ["https://d.tube/#!/v/louisthomas/csun84ga", "https://ipfs.io/ipfs/QmU2X4RhPQjhofi18nrDoarD3oyazNSrcfx7MCTkPkrNEh"], "tags": ["cryptocurrency", "bitcoin", "technology", "blockchain", "dtube"], "video": {"info": {"filesize": 198373977, "permlink": "csun84ga", "title": "The Best Crypto-Related Tax Advice I Could Ever Provide", "spritehash": "QmdbHLVH9Aqz6xh4ZT5ADiXsiynDGtvCeBTy7YUjaad2mN", "duration": 457.323, "snaphash": "QmQbaW2KLCYyPhQp797KQoygWrdTXuFXCG1tcYk3B7gYD3", "author": "louisthomas"}, "content": {"videohash": "QmU2X4RhPQjhofi18nrDoarD3oyazNSrcfx7MCTkPkrNEh", "video480hash": "QmTqvSjyaKSXUnnhM4PXk3SqgeNwCff8XDe9CYPQP4ydiK", "description": "People keep asking me to make crypto-related content concerning taxes and the capital gains tax liabilities that people might incur from investing in the likes of Bitcoin and Ethereum.\n\nThe truth is that I'm just not qualified to comment on this. But I still want to offer a little piece of advice that I think will be of enormous value to people.\n\n\nDISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.\n\n\n***I am in the process of adding many of my videos from YouTube on to DTube. Apologies for any posts that you've already seen before!\n\nOriginal date of upload: November 20th 2017", "tags": ["cryptocurrency", "bitcoin", "technology", "blockchain"]}}, "app": "steemit/0.1", "image": ["https://ipfs.io/ipfs/QmVitcsMEYwWDeYE5mQ4dfY5nxVddgS3eJw4MCwt9Zfvpn"], "format": "markdown"}" | ||||||
created | 2018-04-29 22:35:06 | ||||||
last_update | 2018-04-29 22:36:42 | ||||||
depth | 0 | ||||||
children | 40 | ||||||
net_rshares | 16,084,680,515,357 | ||||||
last_payout | 2018-05-06 22:35:06 | ||||||
cashout_time | 1969-12-31 23:59:59 | ||||||
total_payout_value | 59.532 SBD | ||||||
curator_payout_value | 20.954 SBD | ||||||
pending_payout_value | 0.000 SBD | ||||||
promoted | 0.000 SBD | ||||||
body_length | 1,002 | ||||||
author_reputation | 391,040,934,615,502 | ||||||
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" | ||||||
beneficiaries |
| ||||||
max_accepted_payout | 1,000,000.000 SBD | ||||||
percent_steem_dollars | 10,000 | ||||||
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
nanzo-scoop | 0 | 877,177,232,768 | 30% | ||
coinbitgold | 0 | 59,587,504,407 | 100% | ||
hedge-x | 0 | 211,576,503,992 | 100% | ||
stealthtrader | 0 | 12,762,245,001 | 100% | ||
cornerstone | 0 | 383,960,171,236 | 30% | ||
alanfreestone | 0 | 133,223,573,192 | 100% | ||
louisthomas | 0 | 159,168,834,913 | 100% | ||
lordneroo | 0 | 4,592,937,794 | 30% | ||
albertoyago | 0 | 11,693,030,998 | 100% | ||
zemis01 | 0 | 29,948,797,373 | 100% | ||
cryptocat | 0 | 69,670,984,022 | 100% | ||
koltci | 0 | 5,608,123,044 | 100% | ||
pluse | 0 | 6,161,020,827 | 100% | ||
nesian101 | 0 | 4,335,143,889 | 80% | ||
idcinc | 0 | 12,909,652,548 | 100% | ||
rockcrush | 0 | 0 | 100% | ||
etka | 0 | 11,488,354,990 | 100% | ||
thorthur22 | 0 | 81,449,351,340 | 100% | ||
nickwalshblog | 0 | 4,423,029,965 | 100% | ||
toxichustle | 0 | 34,751,761,569 | 50% | ||
g0nr0gue | 0 | 3,850,976,239 | 100% | ||
realestatecoach | 0 | 1,456,749,967 | 5% | ||
dtube | 0 | 13,516,846,564,164 | 16% | ||
kkomaz | 0 | 614,860,000 | 100% | ||
rob.roche | 0 | 38,586,410,804 | 100% | ||
sanjib | 0 | 1,231,289,412 | 100% | ||
redwood419 | 0 | 18,763,526,358 | 50% | ||
kouba01 | 0 | 13,807,543,068 | 100% | ||
magnat | 0 | 6,518,845,708 | 8% | ||
kettleandseagull | 0 | 7,170,572,474 | 100% | ||
vishera | 0 | 549,665,960 | 100% | ||
ma89 | 0 | 614,599,074 | 100% | ||
thequantumknight | 0 | 3,956,756,553 | 100% | ||
sienzuf | 0 | 612,368,792 | 100% | ||
edwardlewis | 0 | 99,160,049,209 | 100% | ||
noremac13 | 0 | 612,558,888 | 100% | ||
jeffbernst | 0 | 24,712,409,083 | 100% | ||
d-wiki | 0 | 114,682,842 | 100% | ||
duane.dos | 0 | 1,617,444,176 | 50% | ||
steemgreen | 0 | 1,027,992,826 | 100% | ||
hutchson | 0 | 70,474,650,398 | 100% | ||
xny | 0 | 181,983,860 | 100% | ||
myempireofshit | 0 | 610,992,986 | 100% | ||
melpost | 0 | 458,779,117 | 100% | ||
zudd-bo | 0 | 611,884,001 | 100% | ||
milano1113 | 0 | 10,507,510,352 | 100% | ||
peagha | 0 | 343,573,059 | 99% | ||
nisaac86 | 0 | 928,775,194 | 100% | ||
senseicat | 0 | 14,954,692,785 | 1% | ||
tusharraina23 | 0 | 2,072,863,841 | 100% | ||
faridk | 0 | 6,611,970,532 | 100% | ||
hashcash | 0 | 397,146,800 | 25% | ||
mrgotagx | 0 | 137,997,149 | 100% | ||
rothberg | 0 | 7,165,289,569 | 100% | ||
olumideolowoyeye | 0 | 988,289,919 | 100% | ||
zioguido | 0 | 614,398,927 | 100% | ||
sanctus | 0 | 2,289,172,790 | 100% | ||
ambitiouslife | 0 | 8,137,616,446 | 100% | ||
christopherxc | 0 | 61,161,954 | 10% | ||
yazdani33 | 0 | 605,332,122 | 100% | ||
steemitja | 0 | 606,843,777 | 100% | ||
gosmire78 | 0 | 1,158,970,606 | 100% | ||
tanrax | 0 | 430,930,899 | 100% | ||
piccolo | 0 | 9,066,388,700 | 100% | ||
yukara | 0 | 195,955,760 | 100% | ||
allitalkistech | 0 | 585,400,917 | 100% | ||
engchitchat | 0 | 16,239,867,691 | 30% | ||
sblue | 0 | 10,038,669,715 | 50% | ||
joeeyyc | 0 | 603,054,648 | 100% | ||
danielwooddesign | 0 | 48,435,183,112 | 100% | ||
rishi-sayz | 0 | 168,061,777 | 100% | ||
ilikeit | 0 | 1,172,644,017 | 100% | ||
chehkuna | 0 | 287,470,311 | 100% | ||
jugernaught | 0 | 566,862,925 | 100% | ||
horizonthalia | 0 | 395,248,668 | 100% | ||
wave.beads | 0 | 131,712,674 | 100% | ||
elijah526 | 0 | 9,444,254,428 | 28% | ||
picturetaker | 0 | 64,193,497 | 100% | ||
steem-works | 0 | 58,376,092 | 100% | ||
fasusi | 0 | 293,398,247 | 100% | ||
cryptomaniacers | 0 | 268,825,630 | 100% |
>But I still want to offer a little piece of advice that I think will be of enormous value to people Please do, i always love your analysis
post_id | 46,085,694 |
---|---|
author | mistakili |
permlink | re-louisthomas-csun84ga-20180429t223623923z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:36:30 |
last_update | 2018-04-29 22:48:12 |
depth | 1 |
children | 0 |
net_rshares | 167,717,733,651 |
last_payout | 2018-05-06 22:36:30 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.894 SBD |
curator_payout_value | 0.151 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 140 |
author_reputation | 79,840,311,412,350 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 153,616,433,695 | 100% | ||
mistakili | 0 | 9,093,045,084 | 100% | ||
tomilolafadipe | 0 | 4,415,213,757 | 100% | ||
yazdani33 | 0 | 593,041,115 | 100% |
I always learn from this videos. It was a great trial on tax. These tax rules will get to change with time. Till eliminated.
post_id | 46,085,727 |
---|---|
author | tomilolafadipe |
permlink | re-louisthomas-csun84ga-20180429t223649333z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:36:51 |
last_update | 2018-04-29 22:50:39 |
depth | 1 |
children | 0 |
net_rshares | 164,879,371,085 |
last_payout | 2018-05-06 22:36:51 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.874 SBD |
curator_payout_value | 0.151 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 124 |
author_reputation | 14,565,766,155,244 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 150,840,233,086 | 100% | ||
mistakili | 0 | 8,938,049,998 | 100% | ||
tomilolafadipe | 0 | 4,520,337,894 | 100% | ||
yazdani33 | 0 | 580,750,107 | 100% |
You want great tax advice? move to the Cayman islands or Andorra :-D
post_id | 46,085,829 |
---|---|
author | lunaticpandora |
permlink | re-louisthomas-csun84ga-20180429t223747165z |
category | cryptocurrency |
json_metadata | "{"app": "busy/2.4.0", "community": "busy", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:37:51 |
last_update | 2018-04-29 22:37:51 |
depth | 1 |
children | 0 |
net_rshares | 128,771,621,674 |
last_payout | 2018-05-06 22:37:51 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.620 SBD |
curator_payout_value | 0.178 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 68 |
author_reputation | 83,603,069,365,146 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 125,854,427,606 | 100% | ||
lunaticpandora | 0 | 2,917,194,068 | 50% |
For me your videos have always been helpful. Compared to me you are a veteran and I may not exactly follow your advice but it is a great learning experience. Thanks :-)
post_id | 46,085,892 |
---|---|
author | hashcash |
permlink | re-louisthomas-csun84ga-20180429t223633450z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:38:33 |
last_update | 2018-04-29 22:38:33 |
depth | 1 |
children | 0 |
net_rshares | 117,246,712,712 |
last_payout | 2018-05-06 22:38:33 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.570 SBD |
curator_payout_value | 0.159 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 168 |
author_reputation | 17,333,604,732,440 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 115,675,025,373 | 100% | ||
hashcash | 0 | 1,571,687,339 | 100% |
Taxes vary from platform to platform And from another country We want more clarification You are a great investor and I trust you and your words Always take your advice
post_id | 46,085,915 |
---|---|
author | roselover |
permlink | re-louisthomas-csun84ga-20180429t223818017z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:38:48 |
last_update | 2018-04-29 22:38:48 |
depth | 1 |
children | 0 |
net_rshares | 852,257,368 |
last_payout | 2018-05-06 22:38:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 168 |
author_reputation | 3,640,081,530,758 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
roselover | 0 | 852,257,368 | 100% |
The best tax advice in crypto as of now is to hold whatever you buy. Be long therm investor and perhaps wait once the tax rules change. Thatโs one of the reason I donโt plan to sell anything. They eventually will change the tax rules, just like regular curency. You donโt pay taxes at all on curency. In the US itโs treated as a property, not as curency. Whatever your net profit is you pay taxes. But, you have to sell first of course. And yes, as you mentioned โhire a professionalโ. Itโs worth spending money.
post_id | 46,085,989 |
---|---|
author | milano1113 |
permlink | re-louisthomas-csun84ga-20180429t223926656z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:39:27 |
last_update | 2018-04-29 23:00:24 |
depth | 1 |
children | 0 |
net_rshares | 152,256,597,265 |
last_payout | 2018-05-06 22:39:27 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.816 SBD |
curator_payout_value | 0.132 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 512 |
author_reputation | 5,076,396,728,502 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 144,362,431,665 | 100% | ||
rothberg | 0 | 7,325,706,500 | 100% | ||
yazdani33 | 0 | 568,459,100 | 100% |
Wonderful ๐
post_id | 46,085,999 |
---|---|
author | orges1 |
permlink | re-louisthomas-csun84ga-20180429t223918203z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:39:36 |
last_update | 2018-04-29 22:39:36 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2018-05-06 22:39:36 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 12 |
author_reputation | 366,812,768,239 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Great analysis .. Your explanation is effective in crypto current market... I always learn form your analysis thats help me in trading...
post_id | 46,086,093 |
---|---|
author | prince121 |
permlink | re-louisthomas-csun84ga-20180429t224045880z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:40:45 |
last_update | 2018-04-29 22:42:48 |
depth | 1 |
children | 0 |
net_rshares | 125,549,434,988 |
last_payout | 2018-05-06 22:40:45 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.614 SBD |
curator_payout_value | 0.167 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 138 |
author_reputation | 9,549,925,860,214 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 123,078,226,997 | 100% | ||
prince121 | 0 | 2,471,207,991 | 100% |
I see taxes as a necessary evil.But if it is for the recognition of cryptos...what the hell.So be it.(not that i like the prospect)
post_id | 46,086,094 |
---|---|
author | mindtrap |
permlink | re-louisthomas-csun84ga-20180429t224047517z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:40:45 |
last_update | 2018-04-29 22:40:45 |
depth | 1 |
children | 0 |
net_rshares | 139,214,225,621 |
last_payout | 2018-05-06 22:40:45 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.746 SBD |
curator_payout_value | 0.120 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 131 |
author_reputation | 290,625,242,982,087 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 136,033,829,839 | 100% | ||
mindtrap | 0 | 3,180,395,782 | 25% |
In Venezuela, the government kidnaps unregistered Bitcoin miners... But when I'm out of here, I'll consider it seriously, since literally ALL of my money and income is in cryptocurrencies.
post_id | 46,086,149 |
---|---|
author | cryptosharon |
permlink | re-louisthomas-csun84ga-20180429t224122750z |
category | cryptocurrency |
json_metadata | "{"app": "busy/2.4.0", "community": "busy", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:41:30 |
last_update | 2018-04-29 22:42:30 |
depth | 1 |
children | 0 |
net_rshares | 146,942,731,220 |
last_payout | 2018-05-06 22:41:30 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.800 SBD |
curator_payout_value | 0.112 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 188 |
author_reputation | 80,455,466,172,351 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 141,586,231,056 | 100% | ||
cryptosharon | 0 | 4,800,332,072 | 100% | ||
yazdani33 | 0 | 556,168,092 | 100% |
Tax man! Everyone is afraid of these rulers. Iโm not worried as of now since I havenโt sold any of my holdings and not planing to for long time. When the time comes I will have my accountant taking care of this as well.
post_id | 46,086,191 |
---|---|
author | rothberg |
permlink | re-louisthomas-csun84ga-20180429t224150044z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:41:51 |
last_update | 2018-04-29 22:45:12 |
depth | 1 |
children | 0 |
net_rshares | 158,385,018,977 |
last_payout | 2018-05-06 22:41:51 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.870 SBD |
curator_payout_value | 0.116 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 219 |
author_reputation | 5,050,487,881,097 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 148,064,032,477 | 100% | ||
milano1113 | 0 | 10,320,986,500 | 100% |
I think that my country has some kind of law that if you hold it for more than 2 years, you don't need to pay any taxes. But, it's only 12% for everything you profit, so it's not that big of a deal to pay it. I know there are some ways of getting that cash without paying taxes, but 12% really isn't much.
post_id | 46,086,431 |
---|---|
author | johnz14 |
permlink | re-louisthomas-csun84ga-20180429t224408411z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:44:09 |
last_update | 2018-04-29 22:44:09 |
depth | 1 |
children | 0 |
net_rshares | 136,271,498,874 |
last_payout | 2018-05-06 22:44:09 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.750 SBD |
curator_payout_value | 0.097 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 307 |
author_reputation | 35,390,678,500,126 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 133,257,629,230 | 100% | ||
croata | 0 | 1,168,625,466 | 100% | ||
johnz14 | 0 | 1,845,244,178 | 100% |
Transaction fees depend on the currency pair youโre trying to exchange as well as the website youโre using. The best one to go with will greatly depend on the amount that is being exchanged and, again, what currencies are involved in the particular transaction. Thatโs why itโs always a good idea to compare a few places every time youโre looking to trade. You can use free tools such as Switchain to see exactly how much you can get with some of the most used exchanges. Most of them are equally user friendly and have similar safety features, so it doesnโt make too much sense sticking with the same one with every particular transaction.
post_id | 46,086,485 |
---|---|
author | kouba01 |
permlink | re-louisthomas-csun84ga-20180429t224433783z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:44:42 |
last_update | 2018-04-29 22:46:36 |
depth | 1 |
children | 0 |
net_rshares | 133,884,826,019 |
last_payout | 2018-05-06 22:44:42 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.660 SBD |
curator_payout_value | 0.171 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 642 |
author_reputation | 1,186,982,850,830,365 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 128,630,628,215 | 100% | ||
kouba01 | 0 | 5,254,197,804 | 40% |
Solid and well explained video. We got a bit hard time with taxes in Poland and other country have also some trouble.
post_id | 46,086,530 |
---|---|
author | piccolo |
permlink | re-louisthomas-csun84ga-20180429t224439754z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:45:06 |
last_update | 2018-04-29 22:45:06 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2018-05-06 22:45:06 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 117 |
author_reputation | 1,445,439,770,745 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Well, taxes are necessary evil in order to induce mass adoption and take the cryptosphere to the next level. PS: Only advice I give people is to HODL and not sell their coins for peanuts. But again, that's me.
post_id | 46,086,745 |
---|---|
author | lordneroo |
permlink | re-louisthomas-csun84ga-20180429t224658922z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:47:00 |
last_update | 2018-04-29 22:47:45 |
depth | 1 |
children | 0 |
net_rshares | 142,637,478,609 |
last_payout | 2018-05-06 22:47:00 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.804 SBD |
curator_payout_value | 0.081 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 210 |
author_reputation | 213,796,208,950,223 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 138,810,030,447 | 100% | ||
lordneroo | 0 | 3,827,448,162 | 25% |
You are absolutely right to allow me any one to bear what the other will do. So, if we open it and enter the deal and profit, you will not share with the profits. You offer advice and everyone bears responsibility. The world of digital currencies is volatile. One expects what will happen to him.
post_id | 46,087,106 |
---|---|
author | faissalchahid |
permlink | re-louisthomas-csun84ga-20180430t224924542z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:50:36 |
last_update | 2018-04-29 22:50:36 |
depth | 1 |
children | 0 |
net_rshares | 120,199,380,938 |
last_payout | 2018-05-06 22:50:36 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.617 SBD |
curator_payout_value | 0.128 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 296 |
author_reputation | -452,434,334,661 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 118,451,225,982 | 100% | ||
faissalchahid | 0 | 1,748,154,956 | 100% |
The best thing to do is keep the cryptocurrency until the tax policies change. Hodl than as you can!! I will see the video later.
post_id | 46,087,130 |
---|---|
author | bearmaster |
permlink | re-louisthomas-csun84ga-20180429t231931809z |
category | cryptocurrency |
json_metadata | "{"app": "busy/2.4.0", "community": "busy", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:50:51 |
last_update | 2018-04-29 22:50:51 |
depth | 1 |
children | 0 |
net_rshares | 553,308,855 |
last_payout | 2018-05-06 22:50:51 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 129 |
author_reputation | 338,844,156,139 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
bearmaster | 0 | 553,308,855 | 100% |
Great advice my friend, you will always be my best crypto currency tutor and mentor. More grease to your elbow. Keep steeming and touching lives
post_id | 46,087,178 |
---|---|
author | olumideolowoyeye |
permlink | re-louisthomas-csun84ga-20180429t225116968z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:51:24 |
last_update | 2018-04-29 22:51:24 |
depth | 1 |
children | 0 |
net_rshares | 1,015,366,355 |
last_payout | 2018-05-06 22:51:24 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 144 |
author_reputation | 28,693,120,207,612 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
olumideolowoyeye | 0 | 1,015,366,355 | 100% |
tax in crypto is so different. it depends on the country you live in and it's a headache. i know i need to look into it i just haven't yet :S
post_id | 46,087,432 |
---|---|
author | darkdrake |
permlink | re-louisthomas-csun84ga-20180429t225400210z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 22:54:03 |
last_update | 2018-04-29 22:54:03 |
depth | 1 |
children | 0 |
net_rshares | 4,442,656,289 |
last_payout | 2018-05-06 22:54:03 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.022 SBD |
curator_payout_value | 0.003 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 141 |
author_reputation | 1,168,901,128,124 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
darkdrake | 0 | 4,442,656,289 | 100% |
Excellent video, it is quite useful like the one you did a few months ago on how to declare the taxes of the money received in steemit.
post_id | 46,088,362 |
---|---|
author | alejandromata |
permlink | re-louisthomas-csun84ga-20180429t230318947z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 23:03:27 |
last_update | 2018-04-29 23:04:00 |
depth | 1 |
children | 0 |
net_rshares | 123,202,263,799 |
last_payout | 2018-05-06 23:03:27 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.710 SBD |
curator_payout_value | 0.054 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 135 |
author_reputation | 3,186,642,421,786 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 121,227,426,591 | 100% | ||
alejandromata | 0 | 1,974,837,208 | 100% |
Sound advice @LouisThomas. I don't think many people realise that even if you never liquidate back into fiat you could be liable for tax if you for example trade one crypto for another. If you do this calculating your profit/loss gets horrendously complicated and IMHO you definitely need the advice of a professional accountant.
post_id | 46,089,220 |
---|---|
author | faridk |
permlink | re-louisthomas-csun84ga-20180429t231129015z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "users": ["louisthomas"], "tags": ["cryptocurrency"]}" |
created | 2018-04-29 23:11:30 |
last_update | 2018-04-29 23:11:30 |
depth | 1 |
children | 0 |
net_rshares | 137,886,559,945 |
last_payout | 2018-05-06 23:11:30 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.850 SBD |
curator_payout_value | 0.007 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 330 |
author_reputation | 133,181,666,357 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 131,406,828,824 | 100% | ||
faridk | 0 | 6,479,731,121 | 100% |
If you didn't sell anything at a profit, you wont have to pay taxes just because you were up on that date unless you were trading. If you bought and held, you're good.. Is this accurate? (good follow - good advice and info crypto-tax-related)
post_id | 46,089,916 |
---|---|
author | nzfxtrader |
permlink | re-louisthomas-csun84ga-20180429t231746842z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 23:17:48 |
last_update | 2018-04-29 23:17:48 |
depth | 1 |
children | 0 |
net_rshares | 125,595,540,936 |
last_payout | 2018-05-06 23:17:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.590 SBD |
curator_payout_value | 0.190 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 244 |
author_reputation | 1,055,196,478,890 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 112,898,824,764 | 100% | ||
nzfxtrader | 0 | 12,696,716,172 | 100% |
My advice, PAY your taxes. Uncle Sam will want his cut eventually.
post_id | 46,090,334 |
---|---|
author | cryptictruth |
permlink | re-louisthomas-csun84ga-20180429t232152935z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 23:21:51 |
last_update | 2018-04-29 23:21:51 |
depth | 1 |
children | 0 |
net_rshares | 3,355,030,629 |
last_payout | 2018-05-06 23:21:51 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 66 |
author_reputation | 16,595,869,074,375 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
cryptictruth | 0 | 3,355,030,629 | 100% |
Actually capital gains/losses is amongst the most simple of things . The potential problem with crypto currency is that one is obligated to make many purchases with cryptocurrency , rather than the fiat currency of oneโs particular state. Keeping track of each transaction and converting each to fiat value is very labour-Intensive. One possible approach is to simply take the value of the account at the beginning of the year and at the end of the year ( corrected for deposits and withdrawals of course). This results in one paying for ( as yet) โunrealizedโgains which is a downside. However it is easy to calculate, and is manifestly honest. My guess is that most government agencies would accept this (admittedly unconventional) approach. They would probably insist that losses ( should that happen) be carried forward until one eventually had a capital gain to which it could be applied but this is the case in many instances , even when the loss is realised)
post_id | 46,091,010 |
---|---|
author | zioguido |
permlink | re-louisthomas-csun84ga-20180429t232825229z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 23:28:27 |
last_update | 2018-04-29 23:28:27 |
depth | 1 |
children | 0 |
net_rshares | 114,749,625,170 |
last_payout | 2018-05-06 23:28:27 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.540 SBD |
curator_payout_value | 0.174 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 973 |
author_reputation | 43,875,514,502 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
louisthomas | 0 | 114,749,625,170 | 100% |
Great ur article and good vedio , thanks u sharing a good information, so good luck my dear friend @louisthomas ๐๐๐ All the best for you ๐
post_id | 46,091,560 |
---|---|
author | samer484 |
permlink | re-louisthomas-csun84ga-20180429t233348379z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "users": ["louisthomas"], "tags": ["cryptocurrency"]}" |
created | 2018-04-29 23:33:36 |
last_update | 2018-04-29 23:33:36 |
depth | 1 |
children | 0 |
net_rshares | 3,252,047,063 |
last_payout | 2018-05-06 23:33:36 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 138 |
author_reputation | 5,342,909,004,931 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
samer484 | 0 | 3,252,047,063 | 100% |
I havnt thought about this...
post_id | 46,093,060 |
---|---|
author | quevo |
permlink | e1lk4iiy9 |
category | cryptocurrency |
json_metadata | "{"app": "dtube/0.7"}" |
created | 2018-04-29 23:49:21 |
last_update | 2018-04-29 23:49:21 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2018-05-06 23:49:21 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 29 |
author_reputation | 2,380,491,673,125 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Very thank you for great advise . You every time you teaching us. I am very happy to follow you. Well done
post_id | 46,093,934 |
---|---|
author | charliechain |
permlink | re-louisthomas-csun84ga-20180429t235843792z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-29 23:58:51 |
last_update | 2018-04-29 23:58:51 |
depth | 1 |
children | 0 |
net_rshares | 1,524,196,941 |
last_payout | 2018-05-06 23:58:51 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 106 |
author_reputation | 3,880,510,732,210 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
charliechain | 0 | 1,524,196,941 | 100% |
cryptotax girl can be found with google search she is accountant based in usa also she appeared on cryptopodcast search for that for 40 minutes of news and advice on tax, puerto rico i believe you pay no tax and you can live there for 130 days a year to qualify, DYOR follow me for crypto news
post_id | 46,094,779 |
---|---|
author | nickwalshblog |
permlink | re-louisthomas-csun84ga-20180430t000738768z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-30 00:07:21 |
last_update | 2018-04-30 00:07:21 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2018-05-07 00:07:21 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 293 |
author_reputation | 78,825,487,740 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Amazing, this was very detailed and nice. I always like your videos and I was waiting for one. You explained everything very briefly and nicely. Thanks a lot for sharing this I appreciate your time and efforts.
post_id | 46,097,313 | ||||||
---|---|---|---|---|---|---|---|
author | tusharraina23 | ||||||
permlink | re-louisthomas-2018430t624743z | ||||||
category | cryptocurrency | ||||||
json_metadata | "{"format": "markdown+html", "app": "esteem/1.6.0", "community": "esteem", "tags": ["cryptocurrency", "bitcoin", "technology", "blockchain", "dtube"]}" | ||||||
created | 2018-04-30 00:32:06 | ||||||
last_update | 2018-04-30 00:32:06 | ||||||
depth | 1 | ||||||
children | 0 | ||||||
net_rshares | 0 | ||||||
last_payout | 2018-05-07 00:32:06 | ||||||
cashout_time | 1969-12-31 23:59:59 | ||||||
total_payout_value | 0.000 SBD | ||||||
curator_payout_value | 0.000 SBD | ||||||
pending_payout_value | 0.000 SBD | ||||||
promoted | 0.000 SBD | ||||||
body_length | 210 | ||||||
author_reputation | 380,189,396,320 | ||||||
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" | ||||||
beneficiaries |
| ||||||
max_accepted_payout | 1,000,000.000 SBD | ||||||
percent_steem_dollars | 10,000 |
... I think Iโm only going to claim taxes when I cash out or make a purchase with my investments. ๐ค
post_id | 46,101,536 |
---|---|
author | ambitiouslife |
permlink | re-louisthomas-csun84ga-20180430t011008444z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-30 01:10:09 |
last_update | 2018-04-30 01:10:09 |
depth | 1 |
children | 0 |
net_rshares | 7,681,982,022 |
last_payout | 2018-05-07 01:10:09 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.034 SBD |
curator_payout_value | 0.011 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 99 |
author_reputation | 71,340,037,507 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
ambitiouslife | 0 | 7,681,982,022 | 100% |
With reference to Section 2(14) of the Income-tax, Act 1961, cryptocurrency could be deemed as capital assets if they are purchased for the purpose of investments by the taxpayers and any gain arising on transfer of such cryptocurrency shall be taxable as capital gains. Its further classification into short-term or long-term capital gain would depend upon the period of holding of cryptocurrency. If they are held for more than 36 months from the date of purchase, it will be considered as long-term capital asset, otherwise a short-term capital asset. Short-term capital gains are taxable as per the slab rates applicable to a taxpayer. And long-term capital gains are taxed at the flat rate of 20% with the benefit of indexation. However, if the transactions in cryptocurrency are substantial and frequent, it could be held that the taxpayer is trading in cryptocurrency. In this case, income from sale of cryptocurrency would be taxable as business income.
post_id | 46,111,055 |
---|---|
author | wa2qr |
permlink | re-louisthomas-csun84ga-20180430t023052793z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-30 02:30:57 |
last_update | 2018-04-30 02:30:57 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2018-05-07 02:30:57 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 963 |
author_reputation | 5,168,128,856,326 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Your opinion and analysis will be very useful to know the market development. Like
post_id | 46,114,165 | ||||||
---|---|---|---|---|---|---|---|
author | chehkuna | ||||||
permlink | re-louisthomas-2018430t95734563z | ||||||
category | cryptocurrency | ||||||
json_metadata | "{"format": "markdown+html", "app": "esteem/1.6.0", "community": "esteem", "tags": ["cryptocurrency", "bitcoin", "technology", "blockchain", "dtube"]}" | ||||||
created | 2018-04-30 02:57:36 | ||||||
last_update | 2018-04-30 02:57:36 | ||||||
depth | 1 | ||||||
children | 0 | ||||||
net_rshares | 0 | ||||||
last_payout | 2018-05-07 02:57:36 | ||||||
cashout_time | 1969-12-31 23:59:59 | ||||||
total_payout_value | 0.000 SBD | ||||||
curator_payout_value | 0.000 SBD | ||||||
pending_payout_value | 0.000 SBD | ||||||
promoted | 0.000 SBD | ||||||
body_length | 83 | ||||||
author_reputation | 3,724,869,921,755 | ||||||
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" | ||||||
beneficiaries |
| ||||||
max_accepted_payout | 1,000,000.000 SBD | ||||||
percent_steem_dollars | 10,000 |
The best tax advice for now is to hold your stake in crypto currencies as a long term investor and wait to see until the tax reforms changes somehow @louisthomas
post_id | 46,116,226 |
---|---|
author | obest |
permlink | re-louisthomas-csun84ga-20180430t031400662z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "users": ["louisthomas"], "tags": ["cryptocurrency"]}" |
created | 2018-04-30 03:14:06 |
last_update | 2018-04-30 03:14:06 |
depth | 1 |
children | 0 |
net_rshares | 1,058,723,416 |
last_payout | 2018-05-07 03:14:06 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 161 |
author_reputation | 7,451,131,400,254 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
obest | 0 | 1,058,723,416 | 100% |
Wonderful ๐ Thsnks for sharing
post_id | 46,119,549 |
---|---|
author | vsams |
permlink | re-louisthomas-csun84ga-20180430t034807280z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-30 03:41:12 |
last_update | 2018-04-30 03:41:12 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2018-05-07 03:41:12 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 30 |
author_reputation | 107,977,516,232 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Nice eassential video about crypto.
post_id | 46,127,597 |
---|---|
author | soumon |
permlink | re-louisthomas-csun84ga-20180430t044800687z |
category | cryptocurrency |
json_metadata | "{"app": "busy/2.4.0", "community": "busy", "tags": ["cryptocurrency"]}" |
created | 2018-04-30 04:48:12 |
last_update | 2018-04-30 04:48:12 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2018-05-07 04:48:12 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 35 |
author_reputation | 747,021,898,927 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Very nice video just special video sir.i really like this post
post_id | 46,138,635 |
---|---|
author | steem-works |
permlink | re-louisthomas-csun84ga-20180430t062414356z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-30 06:24:21 |
last_update | 2018-04-30 06:24:21 |
depth | 1 |
children | 0 |
net_rshares | 58,376,092 |
last_payout | 2018-05-07 06:24:21 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 62 |
author_reputation | 891,250,938,133 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
steem-works | 0 | 58,376,092 | 100% |
Sound was good bro, running through amplifier and two bookshelf speakers
post_id | 46,151,998 |
---|---|
author | pandorasrealm |
permlink | 7948bntah |
category | cryptocurrency |
json_metadata | "{"app": "dtube/0.7"}" |
created | 2018-04-30 08:15:42 |
last_update | 2018-04-30 08:15:42 |
depth | 1 |
children | 0 |
net_rshares | 48,962,199,738 |
last_payout | 2018-05-07 08:15:42 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.300 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 72 |
author_reputation | 3,090,295,432,513 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
pandorasrealm | 0 | 48,962,199,738 | 100% |
Great presenting this post of cryptocurrency tax.
post_id | 46,188,792 |
---|---|
author | sanjib |
permlink | re-louisthomas-csun84ga-20180430t130203762z |
category | cryptocurrency |
json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
created | 2018-04-30 13:02:06 |
last_update | 2018-04-30 13:02:06 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2018-05-07 13:02:06 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 49 |
author_reputation | 652,295,593,099 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
<center>Great article, you deserve an invite. On the Best Crypto Wallet with 25% discount [<b>CryptoPay</b>](https://cryptopay.me/join/71edfb48).</center> <center>![1 -gB_2M6S7nQdP1w_Wl5sqQ.gif](https://a.radikal.ru/a11/1804/fd/8464932dccfa.jpg)</center> <center>Good luck and prosperity!</center>
post_id | 46,211,086 |
---|---|
author | netulia |
permlink | re-louisthomas-csun84ga-20180430t152745674z |
category | cryptocurrency |
json_metadata | "{"links": ["https://cryptopay.me/join/71edfb48"], "app": "steemit/0.1", "image": ["https://a.radikal.ru/a11/1804/fd/8464932dccfa.jpg"], "tags": ["cryptocurrency"]}" |
created | 2018-04-30 15:27:48 |
last_update | 2018-04-30 15:27:48 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2018-05-07 15:27:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 299 |
author_reputation | -83,603,069,365 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
But what happends if you don't plan on cashing out for a while. Can they tax that?
post_id | 46,245,291 |
---|---|
author | vishera |
permlink | hwru0jxvu |
category | cryptocurrency |
json_metadata | "{"app": "dtube/0.7"}" |
created | 2018-04-30 19:33:00 |
last_update | 2018-04-30 19:33:00 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2018-05-07 19:33:00 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 82 |
author_reputation | 588,843,655,355 |
root_title | "[dtube] The Best Crypto-Related Tax Advice I Could Ever Provide" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |