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I would have advised the IRS to only realize hard-fork/airdrop gains upon selling them. It’s insane that you should be liable for something you can not even know about.https://t.co/2SyCrzSe7o
— Dan Finlay (@danfinlay) October 9, 2019
CFTC says cryptocurrency ether is a commodity, and it's open to ether derivatives https://t.co/WUDcSVlNqD
— Neeraj K. Agrawal (@NeerajKA) October 10, 2019
Big question that arises from the new IRS guidance that I didn't see anyone else ask:
— Udi Wertheimer IS RIGHT (@udiWertheimer) October 9, 2019
When a fork happens, how does the IRS determine which side of the fork is the one that's "recorded as an airdrop"?
IRS could say that BTC was airdropped on BCH holders and collect 15x more tax https://t.co/njK5eTN2kY
The IRS Just Issued Its First #Cryptocurrency Tax Guidance Since 2014
— XRPcryptowolf (@XRPcryptowolf) October 9, 2019
They address tax liabilities created by #Crypto forks; acceptable methods for valuing #Cryptocurrency received as income & how to calculate taxable gains when selling #Cryptocurrencieshttps://t.co/h5USI9FfaN
IRS gave us significant new #crypto guidance yesterday, including this major clarification, favorable to taxpayers. https://t.co/mAMsYa3fvx pic.twitter.com/3n9UP50n1g
— Jeff Levine, CPA/PFS, CFP® (@CPAPlanner) October 10, 2019
米内国歳入庁が仮想通貨取引に関するガイダンスを公表。
— mineCC (@ETHxCC) October 10, 2019
全てに目を通していないけど、妥当な内容か
Frequently Asked Questions on Virtual Currency Transactions | Internal Revenue Service https://t.co/iGiy0BVbUs
CFTC says cryptocurrency ether is a commodity, and ether futures are next.#Ethereum #crypto #cryptocurrency #ETH https://t.co/fscIo0OrJl
— Roses On The Moon ? (@RosesOnThaMoon) October 10, 2019
#ETH is a commodity, not a security !!!https://t.co/O9oQXMgJpM
— ruvalm (@ruvalm) October 10, 2019
ETH超速報：CFTC(米商品先物取引委員会)の議長
— 墨汁うまい(Bokujyuumai) (@bokujyuumai) October 10, 2019
「BTCは間違いなくコモディティで、今まで触れてこなかったがETHは証券ではなくコモディティであると考えている」
とし近い将来ETH先物が米市場で認可されると予期していると述べるhttps://t.co/foyUVWJCK6#イーサリアム #仮想通貨 #イーサリアム先物
Big news week for crypto. https://t.co/iAUdfolsK0
— Chris Brummer (@ChrisBrummerDr) October 10, 2019
CFTC says cryptocurrency ether is a commodity, and it's open to ether derivatives https://t.co/AlSmpjwxmi
— Tyrone V. Ross Jr. (@TR401) October 10, 2019
CFTC Chairman Heath Tarbert believes $ETH is a commodity, and thus falls under the jurisdiction of the CFTC. He also anticipates the CFTC allowing ether futures trading on U.S. markets in the near future.https://t.co/ECsMyPEe5z pic.twitter.com/LmrCx00FFm
— ICO Drops (@ICODrops) October 10, 2019
?CFTC Chairman Tarbert on ICOs
— DeFi Pulse ? (@defipulse) October 10, 2019
“You can have a situation where something in an initial coin offering is a security initially, but over time, it gets more decentralized, and there's a tangible value there, so you can have things that change back and forth"https://t.co/zkIbW1x5f0
Takes 5 seconds to find, but here: https://t.co/X9UTQGndZY
— Welson ? (@CryptoWelson) October 10, 2019
CFTC says cryptocurrency ether is a commodity, and it's open to ether derivatives https://t.co/WUDcSVlNqD
— Neeraj K. Agrawal (@NeerajKA) October 10, 2019
CFTC Chairman Heath Tarbert tells @YahooFinance @ScottGamm that cryptocurrency ether is a commodity, and ether futures are next https://t.co/MTHDy3Ox8G #yahooams @readDanwrite
— Lisa Scherzer (@lisascherzer) October 10, 2019
ETH futures are next
— Gat RIP Ethrum 2017-2019 (@TheGemClub) October 10, 2019
ride up to futures
short to double digitshttps://t.co/TszqDQ1Pof
Cryptocurrency Investors Get New IRS Income-Reporting Rules - Bloomberg
— WeThePeople ?All??All? (@ChucksNeTwerX) October 9, 2019
This is the reason why a crypto economy needs a consumption tax?✅
@FairTaxOfficial #HR25 https://t.co/jldrV4xDik
Great to speak with @allyversprille at @bloombergcrypto for this article on the IRS's new crypto rules: https://t.co/91zF8T0XDM #bitcoin #cryptocurrency #tax #IRS
— Dashiell Shapiro (@DashiellShapiro) October 9, 2019
VERY big news --->
— Brian Kelly (@BKBrianKelly) October 10, 2019
CFTC Chairman Confirms Ether Cryptocurrency Is a Commodity https://t.co/iUlWwwH2Hi via @CoinDesk
CFTC Chairman Confirms Ether Cryptocurrency Is a Commodity #ethereum https://t.co/OpDyyY2Ieq
— Ethereum Insider (@InsiderEthereum) October 10, 2019
2/ Today, @ChairmanHeath affirmed our reporting: https://t.co/OzzoLmfOzI
— Nikhilesh De (@nikhileshde) October 10, 2019
CFTC says Ethereum is indeed a commodity, not a security. https://t.co/ICthofpJ6t @wsfoxley #Ethereum #Commodity pic.twitter.com/dcx0QyH7OL
— Morpher (@morpher_io) October 10, 2019
$ETH is now a commodity, says CFTF Chairman Heath Tarbert:
— Bagsy (@imBagsy) October 10, 2019
“We’ve been very clear on bitcoin: bitcoin is a commodity. We haven’t said anything about ether – until now,” Tarbert said. “It is my view as chairman of the CFTC that ether is a commodity.”https://t.co/uOGq7HFoYT
?
CFTC Chairman Heath Tarbert confirms #Cryptocurrency #Ethereum is a commodity
— XRPcryptowolf (@XRPcryptowolf) October 10, 2019
CFTC Chairman said he believes that $ETH falls under the oversight of the CFTC & anticipated the CFTC allowing #ETH derivatives to trade on the U.S. market in the near futurehttps://t.co/JiHbtDqjhW
BREAKING: CFTC chair said ETH is a commodity and anticipated ETH derivatives to trade in the U.S. soonhttps://t.co/op1nrcLjg9
— The Block (@TheBlock__) October 10, 2019
JUST IN! CFTC chair says ETH is a commodity and anticipates ether derivatives to trade in the U.S. soonhttps://t.co/Clsgf3vZIV
— Frank Chaparro (@fintechfrank) October 10, 2019
"CFTC chair says #ETH is a commodity; anticipates ETH derivatives to trade in the US soon" Report by @celiawan2 of @TheBlock__ https://t.co/aaIwmOdz9m#crypto #cryptocurrency #blockchain #digitalassets #fintech
— Caspian (@Caspian_Tech) October 10, 2019
This is a massive quote from a critical US financial regulator:
— Mike Dudas (@mdudas) October 10, 2019
"I want to stress the importance of blockchain and digital assets to the United States, and in particular, as @CFTC Chairman, I want the U.S. to lead in this technology.” ~ @ChairmanHeath
https://t.co/s5a5OCURq5
How many times should we say: It's Happening!https://t.co/dwuvcqYn88
— Leo Morozovskii (@LeoMorozovskii) October 10, 2019
US CFTC Chairman Says Ether Is a Commodity, ETH Futures Coming Next https://t.co/14Nz3qG815
— Real Time Crypto (@RealTimeCrypto) October 10, 2019
US CFTC Chairman Says Ether Is a Commodity, ETH Futures Coming Next #Bitcoin #Cryptocurrencies #Altcoin #USA #Government #Ethereum #SEC #BitcoinRegulation #CFTC #HardFork https://t.co/XaSht4fnBj
— BitcoinAgile (@bitcoinagile) October 10, 2019
Here is why neither cryptocurrencies nor gold are feasible as media of exchange: "..the IRS said it would not create an exemption for transactions below a certain threshold. Paying somebody for service will result in a capital gain or loss." https://t.co/mFcorjn8LD
— Simon Mikhailovich (@S_Mikhailovich) October 10, 2019
The updated #IRS #Cryptocurrencies #Tax Guidance notably addresses the tax liabilities created by cryptocurrency forks, the acceptable methods for valuing cryptocurrency received as income, and how to calculate taxable gains when selling cryptocurrencies:https://t.co/OyaKvTMuGo
— EU Blockchain (@EUBlockchain) October 10, 2019
#US: #IRS publishes its first guidance in five years for calculating #taxes owed on #cryptocurrency holdings, clearing up how hard forks should be treated https://t.co/qcNp9NH6GH #crypto #HODL #Bitcoin
— racha ghamlouch (@__racha) October 10, 2019
The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years https://t.co/zdR7YWolGC via @CoinDesk
— Lazy Dog Forge (@MarkAFillmore) October 10, 2019
The IRS Just Issued Its First #Cryptocurrency Tax Guidance Since 2014
— XRPcryptowolf (@XRPcryptowolf) October 9, 2019
They address tax liabilities created by #Crypto forks; acceptable methods for valuing #Cryptocurrency received as income & how to calculate taxable gains when selling #Cryptocurrencieshttps://t.co/h5USI9FfaN
They are expecting the crypto market to blow the fuck up.https://t.co/p6pS0oTAvz
— GCryptoPapi (@Gcryptopapi) October 9, 2019
So micro transactions are a taxable event. IRS are f!cking noobs, they have no idea they just opened themselves up to a spam attack.
— WY @6 (@s_curves) October 10, 2019
I want to do 200k txs and send them a 10k page IRS form.
https://t.co/CNP2WjfkJm
New #cryptocurrencies created from a #fork of an existing #blockchain to be treated as an ordinary income equal to the fair market value of the new #cryptocurrency when it is received. https://t.co/fPt0F3gI7w pic.twitter.com/bqW5KZZnkh
— MoonX (@MoonX555) October 10, 2019
The #IRS Just Issued
— Spiros Margaris (@SpirosMargaris) October 10, 2019
Its First #Cryptocurrency #TaxGuidance in 5 Years https://t.co/AzUrVT4RYQ #fintech #blockchain #crypto #bitcoin @baidakova @coindesk @IRSnews #taxes #regulation pic.twitter.com/u6q0v2momQ
Friendly reminder Portugal has 0% taxation on cryptocurrency trades. https://t.co/xShbUhY434
— RideTheLightning⚡️ (@MediumSqueeze) October 9, 2019
Big news from the IRS today. Crypto accountants, what do you think? Does this clarify things or open up a whole new set of questions? https://t.co/caUY4R2gvq
— Gilded (Techstars '19) (@GildedFinance) October 9, 2019
New IRS guidance is like "owing income tax when someone buries a gold bar on your property and doesn't tell you about it."
— Peter Van Valkenburgh (@valkenburgh) October 9, 2019
Our full analysis: https://t.co/gRQU4vuKWq
sadly, no https://t.co/XxD6muOYpE
— Neeraj K. Agrawal (@NeerajKA) October 9, 2019
不安だけ煽るような構成な気がしますが、ハードフォークで得た新コインの市場価値はその時点ではゼロのはずだから納税したくてもできないんでは？ｗ、みたいにレポート原文にはある雰囲気https://t.co/f2KwgjIjVH https://t.co/fYhiLgsfdi
— トレスト? (@TrendStream) October 10, 2019
Take note WRT pushing contentious changes through the pipeline, you may create a tax liability for yourself and manymembers of your community if the contentious split results in two valued chains: https://t.co/O6AY58Eqqz
— Andrew (@cyber_hokie) October 9, 2019
hot off the blockchainhttps://t.co/rAJLvDYUZc
— Josh Olszewicz (@CarpeNoctom) October 9, 2019
The IRS just released an FAQ Guide regarding virtual currencies (https://t.co/uJ0u9luqih). Make sure you classify your transactions accordingly. @accointing makes it very easy to do.
— Accointing (@accointing) October 10, 2019
ソース貼り忘れhttps://t.co/qlwmVT0KPo
— さばCat??ツーブロック弁護士連合 (@utah_) October 11, 2019
This is absolutely huge. #CFTC #ETH #Bitcoin #commodities “We've been very clear on bitcoin: bitcoin is a commodity. We haven't said anything about ether—until now,” CFTC says ether is a commodity, and ether futures are next https://t.co/LbV2QCuiml
— Andrew Lim (@SKBitcoin) October 11, 2019
#HyperBriefing
— HyperDAO (@Hdao_Official) October 11, 2019
Navigating the Crypto World with You
11th October 2019 Friday
1.https://t.co/uhv85b6L8r
2.https://t.co/0gesm4zKJa
3.https://t.co/CQ7DrHbFqQ
4.https://t.co/QUZY4QHcF6
5.https://t.co/2i0Iq58suo pic.twitter.com/Cyd5Cfx5Fi
CFTC says cryptocurrency #Ethereum is a commodity, and ether futures are next $ETH #Cryptocurrency https://t.co/IfitKuO2FT
— CryptoCurrency Wire ? (@the_crypto_wire) October 10, 2019
From Discover on Google https://t.co/gfp7oytwsP
— dougfasho_xrpbaby!? (@dougfasho) October 10, 2019
$ETH is power of #DeFihttps://t.co/8bNMVOs01I
— Wilson Huang (@wilsonhuangji) October 10, 2019
We have been very clear on @bitcoin: it is a commodity. What about @ether? Let’s hear what CFTC Chairman said about this world’s second-largest cryptocurrency.
— Garlam (@GarlamWon) October 11, 2019
https://t.co/f873GXj8so
HUGE :)
— Joe Grech (@JoeBGrech) October 10, 2019
I've been a solid believer in Ethereum since the beginning of my crypto journey. It was my first purchase, and was always my largest #HODLhttps://t.co/xMSxXlNOl0
ICYMI: CFTC chair says ETH is a commodity; anticipates ETH derivatives to trade in the US soonhttps://t.co/op1nrcLjg9
— The Block (@TheBlock__) October 11, 2019
I would argue then that #XLM should be treated as such as well since it acts as a platform in a similar manner as #ETH. “CFTC chair says ETH is a commodity; anticipates ETH derivatives to trade in the US soon - The Block” https://t.co/v3bROdBHi9
— Samuel Conner (@samconnerone) October 10, 2019
Yahoo Finance サミットで、CFTC議長のHeath Tarbertは、ETHがCFTCの監督下にあると考え、CFTCが近い将来に米国市場でのETHデリバティブ取引を許可すると予想したと述べました。https://t.co/S4Whjbgvqu
— マーチャント・バンカーズ株式会社 (@MerchantBK) October 11, 2019
Great news today, CFTC chair said Ethereum $ETH is a commodity and anticipates derivatives to trade in the US soon! ? https://t.co/fd2vtAE7qZ$BTC $ETH $XRP
— Crypto Sham (@CryptoSham) October 11, 2019
#ethereum futures coming soon, CME I'm looking at you! #crypto https://t.co/xFt6B8jqJj
— The Crypto Lark (@TheCryptoLark) October 10, 2019
US CFTC Chairman Says Ether Is a Commodity, ETH Futures Coming Next https://t.co/fwmbYaPmHr via @cointelegraph
— CKJ (@CKJCryptonews) October 10, 2019
The #IRS Just Issued Its First #Cryptocurrency #Tax Guidance in 5 Years > https://t.co/G48ZJKOPtp $BTC #bitcoin #crypto #news
— SHORT SQUEEZED (@ShortSqueezed1) October 11, 2019