Post
Topic
Board Legal
Re: Has anyone sold BTC won here in sig campaigns? how does tax work?
by
gentlemand
on 26/01/2018, 01:28:13 UTC
Whether you like it or not, the government want you to pay taxes on your signature campaign earnings and airdrop tokens. With each passing day, they are eliminating loopholes which can be used by crypto-users to avoid taxes. Very soon, we will be required to give details of our crypto-holdings. If we hide our holdings, then they will proceed with tax evasion charges.

What is the deal with airdrops and tax? Presumably you have to move or trade them to be liable for tax.

I don't see how anyone can be liable for them unless they're provably utilising them somehow. And there are now so many I assume the vast majority won't ever touch them.

If I got some tax demand for a fork I hadn't redeemed I'd post them the old private keys and tell 'em to fucking sell it themselves.