Bloomberg Originals
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Bitcoin Is Property Not Currency in Tax System: IRS
Posted
March 25, 2014
Views
5,334
Likes
23
Comments
6
Engagement
0.54%
March 25, 2014
5,334
23
6
0.54%
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2:38Now PlayingMarch 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)
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