> Got a question for those running businesses, most especially those running
> E-Gold-only businesses. How are you handling the capital gains tax? Has
> anyone written any kind of specialized software to help with cap-gain
> recordkeeping in the E-Gold system? It seems to me capital gains
> calculations would quickly make E-Gold completely unworkable for a U.S.
> based business. Is anyone simply ducking the issue entirely (if so don't
> give your real name!) ?
Treat e-gold like a foreign currency. With each transaction is an exchange
rate. You can use the amount of gold, and the exchange rate to get a US
dollar equivalent for each transaction in your accounting system.
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