748. Ethereum Merge a Taxable Event!? | IRS Crypto Tax Hunt Coming Jan 1st
Sep 6, 2022 ·
36m 12s
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Description
The Ethereum Merge may constitute a taxable event if it results in a chain-splitting hard fork, tax experts warn. There is a chance that The Merge will result in a...
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The Ethereum Merge may constitute a taxable event if it results in a chain-splitting hard fork, tax experts warn. There is a chance that The Merge will result in a contentious hard fork, which will cause ETH holders to receive duplicate units of hard-forked Ethereum tokens, similar to what happened when the Ethereum and Ethereum Classic hard fork occurred in 2016. Meanwhile, is there a chance the IRS might give crypto traders some sort of tax break?
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~This episode is sponsored by Bybit~
Receive up to a $500 Bonus upon depositing & signing up to Bybit.
Join Now! - https://bit.ly/ByBitPBN2
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| Author | Rever Networks |
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