Comment on Baidu now accepts BitcoinparentComments−TomGullen12yHere in the UK Bitcoins fall under "Capital Gains". That means no tax is due until you sell them for cash (IANAL but this my understanding). So price fluctuations don't matter, when you chose to sell you pay capital gains.
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Here in the UK Bitcoins fall under "Capital Gains". That means no tax is due until you sell them for cash (IANAL but this my understanding). So price fluctuations don't matter, when you chose to sell you pay capital gains.