A Primer on Bitcoin Taxation, Disclosure and Penalties
As Bitcoin further enters the mainstream and people start earning gains by owning, trading, or transacting with the crypto-currency, there are real tax implications to consider.
Tyler S. Robbins, Esq. is an attorney licensed to practice in New York and New Jersey, whose area of interest is cross-border taxation and compliance.
Mr. Robbins has authored and published a whitepaper entitled “A Primer on Bitcoin Taxation“. In it, Mr. Robbins discusses important topics including:
- Taxable events
- Income from Bitcoin sales
- Disclosure of foreign brokerage accounts
- Wash sale rules
- Penalties
- And more
We have embedded the PDF below, but we also recommend you visit www.bitcointax.info for the latest updates from Mr. Robbins.
CC image by 401(K) 2013
[…] 7. A Primer on Bitcoin Taxation, Disclosure and Penalties […]