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Initial Coin Offerings and Its Tax Implications

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In this week’s episode of the Unlocking the Decentralized podcast, Host Abhi Soomaney talks with Alex Massarjian, CPA, about initial coin offerings and their tax implications. They discussed how ICO investments are taxed, LTCG versus STCG when tokens are vested, and What happens when an ICO or a token loses liquidity or market demand.

Watch Full Interview:

Story Notes:

  •  Research Before Investing in an ICO
  •  Tax Deduction
  •  Delisting of cryptocurrency
  •  Coin Offerings and Tax Implications
  •  IPO and ICO
  •  Procedure in ICO
  •  Having a Tax Attorney is a must
  •  Factors to Consider when Investing into ICO Projects
  •  Rug Pool
  •  Minting Tokens

Learn more at https://cryptotax.co.in/