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How's OTC/p2p crypto trade taxed? Can it be viewed as a "gift"?
After one executes trade with some OTC seller, to sell crypto and receive fiat, the receiver's bank account will receive a fiat transfer. Can the receiver claim this as a gift sent by a relative in another country? Because receiver usually doesnt need to pay any gift tax, so the receiver...- tomst
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- Forum: Tax, Accounting, Licensing & Legal