In the second episode of Crypto Tax Sucks, Recap CEO Dan is joined by Joe David, Co-Founder of MYNA Accountants and Tom Wardle, CCO of Swapsicle to discuss:
Why does crypto tax suck?
Beneficial ownership and what this means
Centralised/decentralised exchanges and the differences
Is DeFi the way forward
FTX - human emotion - protect yourself - smart contracts
The UK becoming a crypto hub - crypto adoption, regs acceptance We also answer your questions on:
What to do if my staked assets have dropped in value?
What are the tax rules if I purchase a car using Ethereum as collateral on the Oasis platform?
How do I value low liquidity staking rewards for tax purposes?NEED TO DO YOUR CRYPTO TAXES?
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CRYPTO RECAPPED: CRYPTO TAX SUCKS
This is the second episode of Crypto Recapped, a new podcast from www.recap.io. In each episode of this four-part series "Crypto Tax Sucks" we'll be joined by special guests to explore the world of crypto tax and regulation and discuss recent events across the crypto industry. We'll also be answering your questions.
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DISCLAIMER: This podcast is for informational purposes only. Please speak to a qualified tax professional about your specific circumstances before acting upon any of the information provided.