You are viewing a single comment's thread from:

RE: Legal Precedent? IRS Will Not Tax Unsold Tokens?

With the addition of MimbleWimble to Litecoin, after accepted, does this make what you wrote here even less impactful?

That said, you are right. This is huge since all staked tokens are not seen as earned income. It only then is claimed at the time of sale.

For the US, the big advantage is that if holding the tokens received as payout for more than a year, it is taxed as capital gains (albeit on a price of $0).

Posted Using LeoFinance Beta