We get a surprising amount of emails from readers of BitcoinsInIreland.com emailing in asking questions relating to taxation surrounding bitcoin and other cryptocurrencies. The capital gains tax tag on the website also gets quite a large number of hits.
While we’re not in a position to give investment advice, Barry Flanigan of Taxback.com recently published a pretty interesting article on TheJournal.ie which explores some of the things you might need to consider if you’re buying, selling or trading cryptocurrencies in Ireland, and how you might want to file your income tax returns if you have been trading and want to keep everything above board with revenue.
