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There was a problem preparing your codespace, please try again. Find all you need to know and get started with Bitcoin on bitcoin. Businesses that trade virtual currencies in the course of their business are taxed on profits how to invest money in stocks and bonds as business income. We still need clarity from the government on cryptocurrency taxation, particularly on issues such as treatment of capital gains or business income, classification as speculative income, allowability of set-off, and carry-forward of losses, and applicability of deemed gift tax provisions.