Re:Someone bought 26.9 BTC on Binance and sent it to Satoshi...
by lxgr on Sunday January 07, 2024 @06:46AM
(#38900440)
Hopefully every well-managed one.
Regardless what your views on Bitcoin are, accepting donations of appreciated assets just makes a lot of sense from a tax optimization perspective: The donor gets a write-off of the current market value, while the (nonprofit) charity can sell the appreciated assets without incurring capital gains or income tax.
At least that’s the case for stock donations in the US.
Regardless what your views on Bitcoin are, accepting donations of appreciated assets just makes a lot of sense from a tax optimization perspective: The donor gets a write-off of the current market value, while the (nonprofit) charity can sell the appreciated assets without incurring capital gains or income tax.
At least that’s the case for stock donations in the US.