Crypto taxBeginner
Gifting crypto
Giving crypto to someone else can count as a disposal in some countries, such as the United Kingdom, Ireland and Cyprus, much like a sale.
- What it means
- What the receiver's coins cost depends on the country: in Croatia, for example, the giver's purchase date and price carry over, and rules differ widely elsewhere.
- What to watch
- Your own country's rules for the giver and for the receiver, whether other gift rules apply as well, and a record of each gift with the date, amount, what was paid and the value that day.
- How Compass-Alpha uses it
- Background only; not used in any figure on Compass-Alpha.
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