<p>My guess is that as long as you have a receipt for the buy, and one for the sell then there is no reason why the government would say no to taking their share if it. I guess it's just classed as currency trading??</p>

CC BY-SA 3.0
2013-03-28T08:16:28.543Z
2013-03-28T08:16:28.543Z
Andrew
<p>If you have large gains in bitcoin, is there any way that it can be taxed?  If I have $5000, and it appreciates to $10,000 worth of bitcoin, when I sell bitcoin for dollars can it be taxed as a capital gain?  I would think that since there is no documentation to support it that it would be difficult.</p>

CC BY-SA 3.0
2013-03-28T06:12:40.970Z
Please specify a country if you're asking about taxes.
Nick ODell
CC BY-SA 3.0
2013-03-28T10:39:43.927Z
I'm giving this a +1, but I also flagged the question as belonging on Personal Finance.SO. However, please slightly-modify your question so that it is more generic to the value of digital assets and other e-currencies, rather than just Bitcoin.
RLH
<taxes>
Is the appreciation in bitcoins taxable?
user3650
# Is the appreciation in bitcoins taxable?

(Asked by: username_0 on 2013-03-28)

If you have large gains in bitcoin, is there any way that it can be taxed? If I have $5000, and it appreciates to $10,000 worth of bitcoin, when I sell bitcoin for dollars can it be taxed as a capital gain? I would think that since there is no documentation to support it that it would be difficult.

**Tags:** taxes

> **Comments:**
> **username_1**: Please specify a country if you're asking about taxes.  
> **username_2**: I'm giving this a +1, but I also flagged the question as belonging on Personal Finance.SO. However, please slightly-modify your question so that it is more generic to the value of digital assets and other e-currencies, rather than just Bitcoin.  

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## 1 answers

### Answer by username_3 on 2013-03-28. Score: -1

My guess is that as long as you have a receipt for the buy, and one for the sell then there is no reason why the government would say no to taking their share if it. I guess it's just classed as currency trading??


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