What factors need to be considered in a transaction where a seller sells his home for a purchase price reflected in the agreement of sale in crypto currency or foreign currency?
I.e. the purchase price is 29 BTC or the purchase price is $210,000.00:
- Are there any prohibitions against doing this?
- How do you calculate transfer duty?
- How do you reflect the purchase price in the draft deed?
- What tax implications need to be considered?