Author Topic: The Taxman Cometh  (Read 6811 times)

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Offline oldman

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Taxation is an issue yet to be addressed and may not be for a while.

But we can be sure the taxman will want his share at some point, and it would be terrible if folks had created a lot of wealth via Bitshares only to end up in serious trouble with the local tax thugs.

I'm not sure if the client/trading platform has any transaction tracking/exporting functionality, but if not, this should be added prior to mass release/marketing push.

Not a big deal - just need the ability to export trade history in .csv and perhaps a few the more common accounting software formats (ie. Quickbooks).

Taxation is something that is not well represented in the crypto space and this is yet another opportunity for the Bitshares platform to shine and widen the moat.

If users have an easy/automatic/slick way to track P&L for taxation and performance purposes it is one more feature to drive adoption.