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Old 06-18-2013, 12:21 PM  
BlackCrayon
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Join Date: Jun 2003
Location: Ottawa
Posts: 19,631
Quote:
Originally Posted by facialfreak View Post
TAX EVASION MY ASS!!

Bitcoins have no value (to the IRS) UNTIL THEY ARE CONVERTED INTO FIAT (USD) CURRENCY.

When our company converts them to cash value, yes taxes will be paid on them! So please tell me again how we are promoting tax evasion????

I have a university degree in accounting and business maths, and I am a Certified Management Accountant.

Are you going to tell me that depositing personal checks into your credit card account -- to be applied towards paying your credit card is tax evasion too? Hahahaha

Lets call paying rent or buying new office equipment tax evasion while we're at it ...

TROLLING FAIL!!!
for now that might be true but who knows for how long. fact is people should be paying for any gains made on the coins when you exchange them for goods or services.
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