OrionWorks - Steven Vincent Johnson <orionwo...@charter.net <mailto:orionwo...@charter.net>> wrote:Please correct me if I error on the following assumption but I’m assuming BItcoin was conceived to be neutral on the subject of taxation. I’ll be curious to know if Mr. Rothwell might have a differing opinion on this matter.
Bitcoin and taxes are two separate subjects. Bitcoin is closer to cash than any other form of money. When payments are made in cash, then a separate log of income and expenses has to be made for taxes. There is no paper trail which may make it easier for tax avoidance, by some.
Craig
