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RE: AVOIDING INCOME TAX (15%avg) when cashing out your BITCOIN into FIAT (theoretically of course!)
Technically you’re supposed to pay taxes on every transaction. So moving from BTC to ETH your supposed to pay taxes on the gains/losses of your original BTC from when you bought to when you sold for ETH.
And then when you use your ETH to buy CND (and you should ;) you are supposed to pay taxes on the gain/loss of your ETH while you held it.