First of all I would like to appreciate you for your work on EOS. Secondly, can you please tell me that is taxation applicable on steem and Steem power and not SBD. Is that even possible ? I would really appreciate your help to clear my confusion. Thanks
I'm not a tax professional but from my understanding short-term gains occur when you hold an asset less than a year. Someone wanting to maximize their investment would not want to pay out large sums of money each year in tax. Moving steem to a bot in my mind is a taxable event. Instead they would use SBD to do the dirty work. Just my thoughts. Again, I'm not a tax professional.
But seems like you have quite some knowledge of taxation. And thank you sir