You are viewing a single comment's thread from:

RE: New York proposes 0.2% transaction on ALL crypto transactions and transfers

in #taxes • 2 months ago

If these taxes are supposed to be paid in digital currencies, does that mean the transfer to the government is also subject to taxation?

This is stupid all the way around. New Yorkers gonna New Yorker...

2 months ago in #taxes by
$0.00
    Reply 2
    Sort:  
  • Trending
    • [-]
     2 months ago  

    I assume it will be paid in Fiat, New York does not take taxes in digital currencies yet.

    does that mean the transfer to the government is also subject to taxation?

    As it is written, that would be the case, but I am sure they will draft an exception if it gets passed.

    Loading...