Cryptocurrency Q&A
How does a DAO pay taxes?
How does a DAO pay taxes?
isabella_oliver_musician
Wed Oct 30 2024
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6 answers
1418
I'm curious about how a Decentralized Autonomous Organization (DAO) handles its tax obligations. Since it's decentralized and autonomous, I'm wondering how it complies with tax regulations.
6 answers
KimchiQueen
Fri Nov 01 2024
Conversely, individual members of the DAO are responsible for their own tax obligations.
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KatanaSword
Fri Nov 01 2024
The DAO structure implies a unique taxation scenario.
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EchoSolitude
Fri Nov 01 2024
Specifically, the decentralized autonomous organization itself is not subject to taxation.
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Martino
Fri Nov 01 2024
This exemption applies solely to the DAO as a collective entity.
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Tommaso
Thu Oct 31 2024
These members must pay income taxes on their respective shares of the DAO's profits.
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