Friday, November 22, 2024


Bitcoin dividends

By DAC000 , in Bitcoin , at January 6, 2022 Tags:

are offered by NASDAQ listed company BTCS, according to multiple sources. About a one minute read.

Comment: from the tax perspective (1), this is known as Payment-in-Kind, or PIK. I’ve mostly seen this with gold and silver miners, and is a good speculative play, especially when the divve is declared in absolute term e.g., 5G of gold pa.

(1) ah the US tax year ended December 31st and I’m talking to my CPA in New York about 2021, so I’m in a tax kind of mind … UK tax year ends April 5th so yes, seems like all taxes all the time for a while.


Comments