Silvia
Sat Mar 30 2024
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7 answers
1676
Who pays tax on gifted crypto?
I'm somewhat confused about the taxation of cryptocurrencies when they are given as gifts. If someone were to give me a significant amount of cryptocurrency, would I be responsible for paying taxes on that? Or would the giver be taxed? Are there any specific rules or guidelines that apply to this situation? I'm particularly interested in the situation where the gift is given between individuals, not between entities or businesses. Could you please clarify this matter for me?
