RE: U.S. Senate Passes Infrastructure Bill, Clamping Down On Crypto "Tax Evasion" 08-11-2021, 03:46 AM
#5
(08-11-2021, 03:22 AM)Dismas Wrote:i’m meaning before the price of my coins devalue. Ive already accepted payments before and had them drop. I’m assuming I will still get taxxed regardless if the value is good or not.(08-11-2021, 02:44 AM)demonboy Wrote:(08-11-2021, 02:09 AM)Dismas Wrote: Hopefully the house kills the bill. Terrible for privacy and crypto. When regulations like these pass, it's not abnormal for prices to drop across the board.Yeah i’m kinda shittin myself I have like $4k in coinpayments, hopefully I can sell quick enough
Many exchanges already keep data on users, so this only takes it a step further. That said, it's unlikely Uncle Sam is going to knock on your door over a few hundred bucks.
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