Tuesday, 25 March 2014

IRS Says It Will Treat Bitcoins As Property, Not Currency – NPR (blog)








NPR (blog)


IRS Says It Will Treat Bitcoins As Property, Not Currency

NPR (blog)

In a new rule released on Tuesday, the Internal Revenue Service says it will treat bitcoin and other virtual currencies as property. The Wall Street Journal reports this means any profits made on the currency will be taxed at the capital-gains rate and





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