Which country is that?
I guess there will be some interesting conversations about whether currency has been earned or gifted; also between assets that increase in value and assets that are gifted and/or earned, depending how they are defined.
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Finland.
I guess the earned/gifted could be used here, too, but it is unnecessary. Also, when gifts exceed a certain amount (some thousands of euros per year) of value, a gift tax must be paid on them.
😁
Yes, it will become very complex here to demonstrate "gifts": donations over a certain amount would have to be able to show they were for "public benefit" in order not to be subject to one kind of a tax or other.
and @shanibeer
I'll do everything I can to define Hive as donated, TBH when I cash any out, the gain would have been so much I probably wouldn't mind paying 20% tax anyway.
depending on how successful HIVE is 20% might be the minimum - but as you say, in that happy case, none of us would mind very much.