collector | curation board member gmStudio

Tax question @shima 

Is degen tipping a “gift” and non taxable or is it like a restaurant server and it’s taxable income?

If this is taxable, what a nightmare.

Similar treatment, I’d guess, to unwanted airdrops (as opposed to airdrops for which you’ve done something).  We should expect them to become income if you accept them.

Congratulations on perhaps being the first person to ask the question! 🍻

The CRA has no public commentary on $DEGEN specifically.  And there are no perfect parallels to draw from. 
(A few casts follow… tax musing,  not tax advice 😆)

That ratiogang.com guy.

EVMavericks #123.

Husband, father, developer, 🎩 $DEGEN enjoyer. 🍪 $BAKE enthusiast (bake.baby). Host of /grilling.

I was thinking about as the receiver, once you claim them.

128 $DEGEN

it's not money you own. You're just in control of distribution. It's like voting, not spending.