What are taxable and non-taxable events?
elom
Apr 10
Generally speaking, taxable events include:Selling cryptocurrency for fiat currency (i.e., USD, CAD, EUR, JPY, etc.).Trading cryptocurrency for another cryptocurrency (e.g., BTC for ETH).Spending cryptocurrencies. In jurisdictions including the US, UK, Canada, and Australia, directly spending your crypto on goods or services can incur taxes if you made profits.Receiving cryptocurrency as a result of a fork, airdrop, or mining. On the other hand, the following are generally not considered taxa...
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