The President of the United States Donald trump signed the bill, which deprives traders of the opportunity to avoid paying taxes in transactions for the exchange of cryptocurrencies. Writes about this site bitcoinist.com.

In March 2014 the IRS has defined Bitcoin and other cryptocurrencies as property, which allowed to exchange “assets of a similar nature” without paying taxes. However, from 1 January 2018 to article 1031 would apply only to the estate.

The definition of “property” reaches “tangible property”, and cryptocurrencies are not within its ambit.




Cryptocurrency transactions in the U.S. will be taxed 27.12.2017

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