ThePhoenixFire@lemmy.perthchat.org to No Stupid Questions@lemmy.ca · edit-21 year agoIf I buy a chair from my neighbors and he does not declare the income and I pay no tax, is this a black market? What kind of market is this?message-squaremessage-square4fedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1message-squareIf I buy a chair from my neighbors and he does not declare the income and I pay no tax, is this a black market? What kind of market is this?ThePhoenixFire@lemmy.perthchat.org to No Stupid Questions@lemmy.ca · edit-21 year agomessage-square4fedilinkfile-text
minus-squarekersploosh@sh.itjust.workslinkfedilinkarrow-up1·1 year agoThis is like how buying and selling Bitcoin was no big deal until people started making significant money. Now the US income tax forms include direct questions about whether you have income from cryptocurrency.
This is like how buying and selling Bitcoin was no big deal until people started making significant money. Now the US income tax forms include direct questions about whether you have income from cryptocurrency.