4 ms·
Either you are misunderstanding me, or I am misunderstanding you. Previous situation: You had to hold your staking rewards for 10 years to be able to realize y
by Hendrikto 4y ago
Either you are misunderstanding me, or I am misunderstanding you.
Previous situation: You had to hold your staking rewards for 10 years to be able to realize your gains tax-free. When simply buying and holding, the term was 1 year.
New situation: You have to hold your staking rewards for merely a year (like buy&hold) to realize tax-free gains.
Reducing the amount of time before being able to realize tax-free gains benefits both big and small players. (Right?)
However, I think the previous 10 year term was more burdensome on individuals than institutions. Maybe that is where we disagree?
- goatcode 4y agoNo, this was my issue here. I am an idiot lately. My apologies, and thank you for your patience. Pray for my brain, please.