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Patinho-Bello

What do you mean ? A dao is like a

company, if it makes profits it should pay taxes right ?

#cryptocurrency #english #frax
0

4 ответов

7 просмотров
Westwood-

The point of daos is kind of to skirt regulations as they’re autonomous. The frax team however is registered in Cayman Islands I believe so no taxes.

0
21.08.2022
Patinho-Bello Автор вопроса

Exactly. @samkazemian wouldn’t it be smarter to pay taxes like a normal financial institution ? It’s not because governance is decentralized that it’s not a taxable business. I feel we put ourselves at risk by trying not to pay taxes

0
21.08.2022
tan-Any1 DM as admin will be reported to tg as scammer

no protocol is protocol not a company

0
21.08.2022

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