On Bitcoin » whitepaper http://onbitcoin.com Tracking Bitcoin news and the incredible adoption of Bitcoins! Thu, 23 Oct 2014 21:15:13 +0000 en-US hourly 1 A Primer on Bitcoin Taxation, Disclosure and Penalties http://onbitcoin.com/2013/11/21/primer-bitcoin-taxation-disclosure-penalties/?utm_source=rss&utm_medium=rss&utm_campaign=primer-bitcoin-taxation-disclosure-penalties http://onbitcoin.com/2013/11/21/primer-bitcoin-taxation-disclosure-penalties/#comments Fri, 22 Nov 2013 02:50:36 +0000 http://onbitcoin.com/?p=1134
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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

Bitcoin Taxation

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

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