RE: Valuing Steem Rewards As Taxable Income Is A Vast Overstatement Of Tax Liability - Part 3 - Powering Down - "Steem Power" Is Not a Tradeable Asset, It's a Proxy For Value Like A Stock Option

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RE: Valuing Steem Rewards As Taxable Income Is A Vast Overstatement Of Tax Liability - Part 3 - Powering Down - "Steem Power" Is Not a Tradeable Asset, It's a Proxy For Value Like A Stock Option

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financialcritic (57)in #taxes • 7 years ago

100% agree with you that Steem Power is not taxable while it is in your account. That would be like taxing for the number of YouTube subscribers you have...no value until you actually monetize it.

7 years ago in #taxes by financialcritic (57)

$0.28

1 vote

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