stan503
Joined 15 years ago
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Joined 15 years ago
https://itunes.apple.com/us/app/hacker-news-zero/id764890985...
For example, if I bought Litecoins with Bitcoins, and later sold for a gain in Bitcoins, how would I be taxed? From the article it seems I would only be taxed until I ultimately realized my gains in USD. Would I have to maintain a record of all my "altcoin" transactions in this case?
This also appears to not yet apply to Bitcoin, only "recognized" currencies like the Euro.