Bitcoin cash (BCH), received after the Bitcoin (BTC) hard fork in 2017, constitutes taxable gross income, according to a memorandum released by the US Internal Revenue Service (IRS). The IRS claims the document, dated March 22, cannot be cited as precedent, and it was drafted in response to a request for information related to an individual taxpayer who owned BTC and
Bitcoin cash (BCH), received after the Bitcoin (BTC) hard fork in 2017, constitutes taxable gross income, according to a memorandum released by the US Internal Revenue Service (IRS). The IRS claims the document, dated March 22, cannot be cited as precedent, and it was drafted in response to a request for information related to an individual taxpayer who owned BTC and
Share this Article
Recommended