Are all crypto transactions taxable?
Gepubliceerd op 27 nov 2024Geüpdatet op 17 dec 20242 min. leestijd
Not every crypto transaction is taxable. The following activities are generally not considered taxable events:
Buying crypto
Transferring like-for-like assets between exchanges
Gifting crypto excluding large gifts that could trigger other tax obligations
Donating crypto, which is tax-deductible
The following crypto activities are generally considered taxable events:
Selling crypto for cash
Trading one digital currency for another
Using crypto as payment
Mining or staking crypto
Receiving airdropped tokens
Getting paid in crypto