Taxation on airdrop earnings varies by jurisdiction: Income Tax: Many countries treat airdropped tokens as taxable income at their fair market value upon receipt. Capital Gains Tax: Selling or trading airdropped tokens may trigger capital gains tax based on the price difference between receipt and disposal. Record-Keeping: Maintain detailed records of airdrop dates, values, and transactions. Reporting: Include airdrop earnings in your tax returns as required by local laws. Consult Professionals: Seek advice from tax experts familiar with cryptocurrency regulations. Tax laws are evolving, so stay informed about changes in your region to ensure compliance.
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The quiet hum of the city feels strangely comforting at night.
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He adjusted his glasses and continued reading.
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