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/biz/ - Business & Finance


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8981872 No.8981872 [Reply] [Original]

I didn't sell for FIAT in december because I didn't want to trigger taxes. But why didn't I get into Tether?

>> No.8981941
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8981941

>>8981872
Tethering up is also a taxable event Anon...

>> No.8981974

>>8981941
Only in IRS country.

>> No.8982019

>>8981974
Fucking IRS... Kek burger

>> No.8982049

>>8981872

how does tethering work? if your coins aren't paired with it do you have to move to BTC or ETH first? surely you lose value on the transfer, no?

>> No.8982083

>>8982049
For Americans yes but for OP no. My only reasoning was that Tether is a scam but now that Tether hasn't exit scammed, I feel a bit dumb.

>> No.8982407

>>8981974
and half of western europe