3 ms·
That's not how capital gains works. > I use these to buy some crypto-currency. 6 months later, I sell the crypto-currency for USDC, making a 10% profit. I In
by maccard 4y ago
That's not how capital gains works.
> I use these to buy some crypto-currency. 6 months later, I sell the crypto-currency for USDC, making a 10% profit. I
In every tax jurisdiction I know of in the world, this is a taxable transaction.
- lottin 4y agoOf course, it is, but they are arguing that it's not a taxable event, in some jurisdictions.