CoinCaps.ai logo CoinCaps.ai logo
The Daily Hodl 2019-12-03 00:35:34

Crypto Case Study: Ira Kleiman v. Craig Wright and Why Inheritance Tax Could Spell Trouble for Bitcoin Investors

When you pass away, transferring your bitcoins onto a relative could leave them with a hefty tax bill. By law, Bitcoin is regarded as property and not currency. Therefore, Bitcoin is eligible for capital gains tax as well as inheritance tax, which must be paid by the receiver. You could even end up paying as […]The post Crypto Case Study: Ira Kleiman v. Craig Wright and Why Inheritance Tax Could Spell Trouble for Bitcoin Investors appeared first on The Daily Hodl.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer