Am I the only 1 thinking tax implications will create

Question

Am I the only 1 thinking tax implications will create

massive fud for the metaverse? How the fuck do I declare gains from cryptos that I earn in the metaverse? First of all, the rewards happen at times I can not plan, secondly I am rewarded in magic internetmoney that's highly volatile. Let's say I earn 500 internetmoney now, 200 in 2 hours and 400 tomorrow. There's no way in hell I'm going to track down all these random occuring payments and look up their reflective USD valuation.

#blockchain #cryptocurrency #english #link

0

20.11.2021

8 ответов

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Michael Автор вопроса

Cipher
taxation is extortion, just pay what you think you...

No broken legs > broken legs

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20.11.2021

robert

Cipher
taxation is extortion, just pay what you think you...

lol

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20.11.2021

Doug E.F

This uncertainty will continue until the federal government and their private handlers figure out how to maximize their profit from all of this. Currently they are way behind all of us gay internet frogs when it comes to crypto stuff. Which is why you see hostile stuff like the infrastructure bill. They need to create confusion and hesitation while they try to catch up.

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20.11.2021

Michael Автор вопроса

Doug E.F
This uncertainty will continue until the federal g...

Yeah...my prophecy: digital land will be taxed like physical property. Earnings from meta games will be taxed as income.

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20.11.2021

FlyGod 🐸

Michael
Yeah...my prophecy: digital land will be taxed lik...

so I gonna pay taxes on your digital land every year?

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20.11.2021