The Battle Of Taxing Staking Rewards

in #crypto4 days ago

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Staking rewards around the world have been looked at in many different view points. We see every government trying to go after them for what is known as either "unrealized gains" or that just because you got a airdrop token that you should be taxed on the value of that token when you got it and not when you sell it.

It's legit the dumbest thing ever and most likely comes down to both greedy governments trying to get every penny they can. Think about it just because you where airdropped to staked and earned let's say $100 to keep it easy. The government expects you or wants to tax you on that. But if you go to sell it which often happens after a airdrop and only sell it for $80 then you got taxed on $20 more. Oh but not only that they also want to tax you again because you sold the asset lol. Talk about double dipping!

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