Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
VeloCHARAPtor
on 11/05/2019, 08:44:12 UTC
What if I invested in a C-corporation?

In general, U.S. investors investing in C-corporations on Republic will only need to report income when they realize a gain or loss for tax purposes and no K-1 is due to you. In other words,

When obtaining liquidity such as through selling a position,
When earning interest, or
When receiving and then selling a digital asset (token).
In these cases, the company you invested in (or its 3rd party transfer agent) will provide you with the necessary documents.