President of the United States Donald Trump introduced a tax on the crypto currency

Donald Trump signed a decree, according to which, activities with   crypto-currencies at   the territory of the United States will be taxed.

But   There is one trick here. The American tax still in   In 2014 I decided that the bitcoins should be taxed. Say, it is more a property than a currency . By   the essence of everything that Trump did   - this closed the last loophole on   circumvention of taxes. Earlier the owner of a crypto currency could once in   year to conduct an " equivalent exchange " operation for   another crypto currency, an art object or a real estate   same value and   to avoid taxes. The   there was the main thing   - not   change investments in   money.

The new amendments virtually abolish " exchange-like operations. " Now for each operation on   exchange of crypto-currencies, the parties will have to pay income tax.   In addition, the owners of bitcoins and   other foreign currency deposits will be subject to income tax in   10%   - 37% in   depending on   income level of the owner. Bitcoins that are stored on   For more than a year, a long-term tax of 24% on   capital gains.

AT   in general, everything looks pretty harsh. Another issue in   that few of the   owners crypto-currency is burning desire to pay taxes. Thank you conditional anonymity of transactions. TO   example, on   data of the Internal Revenue Service of the United States, the annual tax on   bitcoins in   The country pays no more than 500 people. How will catch the offenders - Trump did not report. A simple wall can not get off here.

Source: Bitcoinist