Plus you have to pay the tax on it basically as its earned, way in advance of ever liquidating anything if you were a HODLer like me.
The very definition of earned would only be applicable when you liquidate to your currency, isn't it ?
Plus you have to pay the tax on it basically as its earned, way in advance of ever liquidating anything if you were a HODLer like me.
The very definition of earned would only be applicable when you liquidate to your currency, isn't it ?
Hi, thanks for the reply. In the UK thats not true - its the second it is earned, not when its liquidated. So for example, if it was an airdrop - its when the airdrop occurs, not when you cash it out. Thanks