CoinDesk:

The UK proposes a “no gain, no loss” tax rule for crypto lending and liquidity pools in DeFi, deferring capital gains tax until a true economic disposal occurs  —  The proposal, with input from major industry players, aims to bring tax rules in line with how DeFi works, reducing outcomes that don't reflect reality.

CoinDesk:

The UK proposes a “no gain, no loss” tax rule for crypto lending and liquidity pools in DeFi, deferring capital gains tax until a true economic disposal occurs  —  The proposal, with input from major industry players, aims to bring tax rules in line with how DeFi works, reducing outcomes that don't reflect reality.

Source: TechMeme
Source Link: http://www.techmeme.com/251127/p17#a251127p17