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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)$90,227.000.28%
  • ethereumEthereum(ETH)$3,117.180.91%
  • tetherTether(USDT)$1.000.09%
  • solanaSolana(SOL)$236.411.06%
  • binancecoinBNB(BNB)$615.78-0.46%
  • rippleXRP(XRP)$1.095.07%
  • dogecoinDogecoin(DOGE)$0.3673742.49%
  • usd-coinUSDC(USDC)$1.000.07%
  • staked-etherLido Staked Ether(STETH)$3,114.720.88%
  • cardanoCardano(ADA)$0.742.71%
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  • bitcoinBitcoin(BTC)$90,227.000.28%
  • ethereumEthereum(ETH)$3,117.180.91%
  • tetherTether(USDT)$1.000.09%
  • solanaSolana(SOL)$236.411.06%
  • binancecoinBNB(BNB)$615.78-0.46%
  • rippleXRP(XRP)$1.095.07%
  • dogecoinDogecoin(DOGE)$0.3673742.49%
  • usd-coinUSDC(USDC)$1.000.07%
  • staked-etherLido Staked Ether(STETH)$3,114.720.88%
  • cardanoCardano(ADA)$0.742.71%