At Point of Entry
Tax position for lender/staker where INCOME REWARDS received and there is NO transfer of beneficial ownership
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Tax position for lender/staker where INCOME REWARDS received and there is NO transfer of beneficial ownership
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There is no disposal of those cryptoassets locked away for capital gains tax purposes upon entering or exiting the yield generating activity.
Locking the tokens away is ignored for tax purposes.
See our illustrating the tax position at each point in the lifecycle of staking tokens where there is NO transfer of beneficial ownership and income rewards are received.