Questions tagged [staking on lido]

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Silvia Silvia Mon May 13 2024 | 6 answers 1410

Is staking on Lido taxable?

Excuse me, I have a question about staking on Lido. I'm quite interested in crypto finance and I've been staking some of my coins on this platform. However, I'm not quite sure about the tax implications of this. Could you please clarify whether staking on Lido is taxable? If it is, how does it work? Do I need to report it to the tax authorities? Also, are there any specific tax regulations or exemptions that I should be aware of? I'd really appreciate it if you could provide some insight into this matter. Thank you in advance for your help.

Is staking on Lido taxable?

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