acquired through several #purchases and donations was required to report the sale as a #taxable event, adding the purchase was “made for the purpose of speculation.”
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#taxable
There are many #excellent reasons not to treat staking gains in and of themselves as #taxable events.
Gains accrued by staking #cryptocurrency should not be treated as a #taxable event. It only makes sense to tax such gains upon their conversion to legal tender currency.
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