Sunday, December 22, 2024
Home > ICO > The Right Tax Treatment of Staking Rewards Is Clear: Taxation Only After Sale

The Right Tax Treatment of Staking Rewards Is Clear: Taxation Only After Sale

This treatment is intuitive with respect to created property. We paint pictures, grow crops, mine raw materials, process raw materials into useful commodities, write essays and engage in countless other creative processes, knowing and expecting that, should our creations actually have some monetary value, they are not taxed unless and until we sell them.

Original Source