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Tax expert says buying crypto is not a taxable event

March 14, 2022 by DIGIT
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Purchasing crypto with fiat or any “unrealized appreciation” are not taxable events according to Thomas Shea, an EY crypto tax executive.

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Categories Bitcoin, Crypto, Tax
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  • bitcoinBitcoin(BTC)$117,600.003.63%
  • ethereumEthereum(ETH)$2,990.145.87%
  • rippleXRP(XRP)$2.8212.87%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$695.992.93%
  • solanaSolana(SOL)$164.342.37%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.21208013.47%
  • tronTRON(TRX)$0.3022423.65%
  • staked-etherLido Staked Ether(STETH)$2,993.426.06%
  • bitcoinBitcoin(BTC)$117,600.003.63%
  • ethereumEthereum(ETH)$2,990.145.87%
  • rippleXRP(XRP)$2.8212.87%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$695.992.93%
  • solanaSolana(SOL)$164.342.37%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.21208013.47%
  • tronTRON(TRX)$0.3022423.65%
  • staked-etherLido Staked Ether(STETH)$2,993.426.06%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$117,600.003.63%
  • ethereumEthereum(ETH)$2,990.145.87%
  • rippleXRP(XRP)$2.8212.87%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$695.992.93%
  • solanaSolana(SOL)$164.342.37%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.21208013.47%
  • tronTRON(TRX)$0.3022423.65%
  • staked-etherLido Staked Ether(STETH)$2,993.426.06%
  • bitcoinBitcoin(BTC)$117,600.003.63%
  • ethereumEthereum(ETH)$2,990.145.87%
  • rippleXRP(XRP)$2.8212.87%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$695.992.93%
  • solanaSolana(SOL)$164.342.37%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.21208013.47%
  • tronTRON(TRX)$0.3022423.65%
  • staked-etherLido Staked Ether(STETH)$2,993.426.06%