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Re: snow post# 8860

Saturday, 03/09/2024 7:43:57 AM

Saturday, March 09, 2024 7:43:57 AM

Post# of 9737
I also discussed taxes with Laxmi recently. Would probably be good to share with you.

First, the income tax. Which applies to employees. I'm using $0.01 for the shares that were issued to me last year.

Some people were gifted shares, for free. In which case the gift tax might apply. But that is not relevant here. I have already informed those people.

Now for the wealth tax (if applicable in your country). If the tax date is december 31. For 2023 you should probably use $0.01 per token. Laxmi has given me the issue dates of the vertical shares.
1) Rice and Gold = 15 sept 2023
2) Food Carts = december 2023
3) Plane Seats and Whiskey = 16 Jan 2024

None of this info should be relied upon. I'm just sharing to help you get going with taxes.

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