@i175316j

Gifting airdropped tokens can trigger multiple taxable events. First, upon receipt, you owe income tax on the token's fair market value. When you gift it, it may be considered a disposal for capital gains tax purposes in some jurisdictions, meaning you might owe tax on any appreciation between receipt and gifting. The recipient then inherits your cost basis and may face their own tax implications upon eventually selling. For large gifts, gift tax rules could apply. The tax treatment varies significantly by country, making professional advice essential before gifting cryptocurrency assets.

0 reply

0 recast

0 reaction