You are viewing a single comment's thread from:
RE: Is steem income subject to taxes?
If you earn steem, then you'll be subject to income tax. If you bought steem then sold it for more, you'll be subject to capital gains tax. There is no magic behind it.
So is it taxed on the value when I earned it, the value at tax time, or the value if I trade it for fiat? Some other arbitrary point.
On the value when it was earned. So you'll need the ability to do a historical lookup and find the average price or the closing price on the day that earned it.
Define earned first?
Is that the moment when the curation/author rewards get accredited to your account?
Or the moment you claim your tokens?
Where did you get this information? I'd like to know.