brad.base.eth pfp
brad.base.eth

@b05

New U.S. Tax Court Decision Elevates Need for Cryptocurrency Tax Bill "proof-of-stake transactions as immediately taxable income. The issue was no more complicated than finding that the taxpayers received rent in exchange for leasing their digital assets. The decision, however, mistakenly treats the taxpayers as though they acted as blockchain validators and then stretches the application of income recognition principles to find that the compensation that they received should be taxable upon receipt." https://www.pillsburylaw.com/en/news-and-insights/cryptocurrency-tax-bill.html via /feedme
0 reply
0 recast
1 reaction