You don't have to pay any tax on Bitcoins you own. You have to pay tax on the US... | Hacker News

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		colanderman on Nov 30, 2017 \| parent \| context \| favorite \| on: Coinbase Ordered to Turn Over Identities of 14,355... You don't have to pay any tax on Bitcoins you own. You have to pay tax on the USD proceeds you make from their sale. This is no different from any other source of income in the US. Even bartering you have to pay taxes on: https://www.irs.gov/taxtopics/tc420 You can of course disagree with the concept of income tax, but Bitcoin is no special goose in that regard.

lostboys67 on Nov 30, 2017 [–]

Depends if its treated as coinage or as a good - I don't pay CGT if I buy gold coins and sell it for a gain when it goes up in the UK for example

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