When you pass away, transferring your bitcoins onto a relative could leave them with a hefty tax bill. By law, Bitcoin is regarded as property and not currency. Therefore, Bitcoin is eligible for capital gains tax as well as inheritance tax, which must be paid by the receiver. You could even end up paying as […]The post Crypto Case Study: Ira Kleiman v. Craig Wright and Why Inheritance Tax Could Spell Trouble for Bitcoin Investors appeared first on The Daily Hodl.
