Bitcoin Is Property Not Currency in Tax System: IRS

Bitcoin Is Property Not Currency in Tax System: IRS Play

March 25 (Bloomberg) -- The U.S. government will treat Bitcoin as property for tax purposes, applying rules it uses to govern stocks and barter transactions, the IRS said in its first substantive ruling on the issue. Matt Miller reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

  • On Air Now

    In The Loop with Betty Liu Watch Now

  • Next

    Market Makers

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus