IRS statement says Bitcoin should be taxed similar to property - Time to mix it up

03/25/2014 - 00:00

By Eric Calouro -

Just in time for the income tax filing deadline comes a news release from the Internal Revenue Service (IRS) regarding the taxation of bitcoin and other digital currencies.

In short, the notice states that virtual currency shall be treated as property for federal tax purposes in the United States. 

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