Sentences with phrase «taxation of forks»

Second, out of everything discussed in this post, I also believe that the correct taxation of forks is the murkiest and most «up for debate» area.

Not exact matches

In other words, the receipt of a forked coin should be treated as a taxable event, but taxation should be deferred until the IRS has a clear policy in place with regard to the taxability of such assets.

Furthermore, the framework allows for the sale of forked tokens to be subjected to capital gains taxation.

The American Bar Association Section of Taxation issued some advice to the IRS regarding the taxation of cryptocurrency produced by hard forks.