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Title | Block Rewards and their Tax |
Description | Tax Treatment of Block Tax treatment of block rewards in proof of stake networks - an analysis from PoSA GBC ledgible |
Keywords | N/A |
WebSite | stakingtax.com |
Host IP | 198.185.159.144 |
Location | United States |
Site | Rank |
US$1,365
Last updated: 2022-06-14 22:07:41
stakingtax.com has Semrush global rank of 0. stakingtax.com has an estimated worth of US$ 1,365, based on its estimated Ads revenue. stakingtax.com receives approximately 157 unique visitors each day. Its web server is located in United States, with IP address 198.185.159.144. According to SiteAdvisor, stakingtax.com is safe to visit. |
Purchase/Sale Value | US$1,365 |
Daily Ads Revenue | US$1 |
Monthly Ads Revenue | US$37 |
Yearly Ads Revenue | US$453 |
Daily Unique Visitors | 10 |
Note: All traffic and earnings values are estimates. |
Host | Type | TTL | Data |
stakingtax.com. | A | 299 | IP: 198.185.159.144 |
stakingtax.com. | A | 299 | IP: 198.185.159.145 |
stakingtax.com. | A | 299 | IP: 198.49.23.145 |
stakingtax.com. | A | 299 | IP: 198.49.23.144 |
stakingtax.com. | AAAA | 300 | IPV6: 2606:4700:3036::681b:b119 |
stakingtax.com. | AAAA | 300 | IPV6: 2606:4700:3035::ac43:d9d1 |
stakingtax.com. | AAAA | 300 | IPV6: 2606:4700:3033::681b:b019 |
stakingtax.com. | NS | 86400 | NS Record: damon.ns.cloudflare.com. |
stakingtax.com. | NS | 86400 | NS Record: lola.ns.cloudflare.com. |
0 Skip to Content About Open Menu Close Menu About Open Menu Close Menu About Tax Treatment of Block Rewards: A Primer Read Tax Treatment of Block Rewards: A Primer Executive Summary An unsettled issue of immense practical and economic importance: how to tax the new “reward tokens” created in public cryptocurrency networks. The wrong policy would drive innovation elsewhere. Fortunately, the correct policy is mandated by existing law: these new tokens – like all forms of new property – do not give rise to income until they are sold. Informal, seven-year-old IRS guidance – not law – geared to Bitcoin and proof of work suggests reward tokens are immediate income at their fair market value on the date “received.” For the newer proof-of-stake technology, this would create a compliance nightmare and punitive overtaxation. Ethereum, Tezos, Cosmos, and many other proof-of-stake cryptocurrencies: compliance would be a daunting task – for the IRS as well as taxpayers. New taxable events would |
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Domain Name: STAKINGTAX.COM Registry Domain ID: 2579146137_DOMAIN_COM-VRSN Registrar WHOIS Server: whois.namecheap.com Registrar URL: http://www.namecheap.com Updated Date: 2020-12-16T22:22:34Z Creation Date: 2020-12-16T21:17:05Z Registry Expiry Date: 2021-12-16T21:17:05Z Registrar: NameCheap, Inc. Registrar IANA ID: 1068 Registrar Abuse Contact Email: abuse@namecheap.com Registrar Abuse Contact Phone: +1.6613102107 Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibited Name Server: DAMON.NS.CLOUDFLARE.COM Name Server: LOLA.NS.CLOUDFLARE.COM DNSSEC: unsigned >>> Last update of whois database: 2021-09-09T21:49:47Z <<< |