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The Tax Headache Cometh

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• jsea

  

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  Posts: 64

  If you're receiving it as payment for offering a service then

  @rob @Bcohen @Tron

  What if I told you I invoiced LTB for $250, and was paid in LTBc?

  In other words you didn't get paid

  Posted on November 3, 2014 at 7:04 PM
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• Rob

  

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  Posts: 604
  Location: California

  @jsea

  In other words you didn't get paid

  Ha! I was begging Adam to be paid in LTBc. The payment was for creating the original LTBcoin artwork. It seemed fitting. I was well aware that the value might go down, and I really wasn't worried about it. I just wanted to be one of the first to be part of the LTBc experiment by getting paid with the new token.

  Posted on November 3, 2014 at 7:20 PM
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• jsea

  

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  Posts: 64

  @rob

  @jsea

  In other words you didn't get paid

  Ha! I was begging Adam to be paid in LTBc. The payment was for creating the original LTBcoin artwork. It seemed fitting. I was well aware that the value might go down, and I really wasn't worried about it. I just wanted to be one of the first to be part of the LTBc experiment by getting paid with the new token.

  I see, so it was a payment in kind, not an actual monetary payment.

  Posted on November 3, 2014 at 10:10 PM
  Last Edited: November 3, 2014 at 10:10 PM
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