E-currency can't be used to pay taxes
E-currency, or electronic money that is exchanged on the internet such as bitcoin, is treated as property, according to rules issued by the IRS in 2014. Being classified as property for tax purposes means people must report and pay income taxes on …
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State of Finance: The Digital Revolution That Is Transforming the World of Money
For we are now experiencing the next wave in the fintech revolution, the wave in which the technology doesn't just facilitate trades, and in some cases makes the trading decisions, but in fact the technology makes fundamental investment decisions as …
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