Interesting point about capital gains. It's not true in my country because capital gains triggers on any kind of disposal, but it's seeming like one could avoid a lot of tax with this method.
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Interesting point about capital gains. It's not true in my country because capital gains triggers on any kind of disposal, but it's seeming like one could avoid a lot of tax with this method.
Are you subject to high taxes where you're from? Ireland if I remember correctly?
It's 33% of the value of the gain at the point of disposal. I wrote a post about it a while back. Good thing is with Steem Power, you can benefit from it without ever having to dispose of it.
Ah okay, I'll have to take a look at that post.