245 sats \ 4 replies \ @jeff 3 Jan \ parent \ on: New Bitcoin tax reporting obligations took effect on new year’s day bitcoin
Right. But, whatever you cited, seems incomplete. Thats all.
For instance, is the definition at the link below, created in a law somewhere?
https://www.irs.gov/charities-non-profits/trade-or-business-defined:
reply
IANAL. Sounds like you get my point.
So... for this...
Meaning: this regulation is meaningless
Did they just draft something incompetent, and this is some kind of "who's gonna point out their mistake?"-moment? Or, what comes next? Surely coin center also would have caught the incoherent definition.
reply
The tax code is entirely about semantic deceit. Almost all law is, that's how you've voluntarily let them trample your rights for your entire life.
I'm not going to explain myself again. See here: #373769
Keep in mind, most lawyers and many judges don't even know about ejusdem generis in statutory construction.