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RE: Why It Makes Sense To Pay A Premium For Steem Dollars
Interesting point about capital gains. It's not true in my country because capital gains triggers on any kind of disposal, but it's seeming like one could avoid a lot of tax with this method.
Are you subject to high taxes where you're from? Ireland if I remember correctly?
It's 33% of the value of the gain at the point of disposal. I wrote a post about it a while back. Good thing is with Steem Power, you can benefit from it without ever having to dispose of it.
Ah okay, I'll have to take a look at that post.