Should staking rewards be taxed at the moment they become claimable or only when they are actually transferred into your wallet? This question targets the correct timing for Belgium’s 30% movable income tax on crypto staking rewards.
hey all, i was thinking about this too. in my view, the tax probably should be applied when the rewards are claimed rather than when they show up as available. this way, you’re only paying tax on something you actually receive, which kind of makes sense for upkeeping records your wallet. but then again, i wonder if theres any risk of manipulation in the system if people delay claiming rewards purposely… what do u think? have any idea how this affects the way belgians account for these rewards in their annual filings? keen to see others thoughts on this
hey folks, my take is tax should hit only once its in your wallet. taxing rewards when they become claimable may grab phantom coins u never end up moving, messin up records. ofc, not a tax expert so yuo might wanna double-check. cheers