1. #1
    QuangX's Avatar SBR PRO
    Join Date: 02-03-11
    Posts: 2,755
    Betpoints: 1524

    Does Circle and Coinbase

    Report to the IRS? Like these USA based company. Also do they report the people that uses their services to the IRS just like the stock market companies such as Charles swabbb and scott trade and stuff. I'm just curious.

  2. #2
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 54,382
    Betpoints: 5892

    Who knows in this age of homeland security. But here's what they say...

    19. Taxes

    Circle will maintain a record of your transaction history, which you will be able to access through your Circle Account for purposes of making any required tax filings or payments, but it is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and to collect, report, and remit the correct tax to the appropriate tax authority. Circle will make any tax withholdings or filings that we are required by law to make, but Circle is not responsible for determining whether taxes apply to your transaction, or for collecting, reporting, or remitting any taxes arising from any transaction.

  3. #3
    Roscoe_Word's Avatar Become A Pro!
    Join Date: 02-28-12
    Posts: 4,004
    Betpoints: 3224

    Quote Originally Posted by Optional View Post
    Who knows in this age of homeland security. But here's what they say...
    Always sharing knowledgeable information in the BitCoin realm. Thanks my man!