Does selling crypto trigger taxes?
As a crypto enthusiast and investor, I'm curious about the tax implications of selling cryptocurrencies. Could you elaborate on whether selling crypto assets triggers taxes? I understand that the tax treatment of crypto transactions can vary depending on the jurisdiction, but I'd like to have a general understanding of the common practices. Is it typically considered a taxable event? If so, how is the taxable amount calculated? Also, are there any exemptions or exceptions to this rule? I'd appreciate your insights on this matter.
Does staking ETH trigger taxes?
Could you please clarify for me, does staking ETH actually trigger any taxes? I'm interested in understanding the tax implications of this particular crypto activity. Could you provide some insight into how staking ETH might affect my tax obligations? I'm curious about whether staking ETH counts as a taxable event and if so, how it's typically taxed in most jurisdictions. Thank you for your assistance in clarifying this matter for me.