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Comment by dmm

The tax situation is interesting. Many believe that you owe taxes as soon as the funds for a bitcon fork are available to you. For someone with bitcoin in a private wallet that's instantly. For someone with bitcoin in an exchange that's whenever the exchange implements the coin or you withdraw to a private wallet.

For example bitcoin cash was forked August 1, 2017 but coinbase didn't implement it until December 19, 2017.

https://bitcoin.tax/blog/how-to-tax-bitcoin-cash-bch/

parent dmm 8 years ago

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