US court case challenges taxation of staking activities.

By The Wolf Group|2022-02-08T08:01:41-05:00May 26th, 2021|

In Jarrett v. United States, No. 3:21-cv-00419 (M.D. Tenn. 2021), Joshua Jarrett claims that the tokens he received in 2019 validating transactions in the cryptocurrency Tezos via a process called staking are not subject to tax. He argues that he created the tokens he received for validating transactions.

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US court case challenges taxation of staking activities.

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