Query
What is the required holding period under the ‘goede huisvader’ rule for crypto gains? Do affiliate commissions and currency swaps count as taxable events?
My experience with crypto trading and tax compliance suggests that the ‘goede huisvader’ rule is less about a fixed time frame and more about the overall intent behind holding and trading assets. In my dealings, professional advice stressed the importance of detailed record keeping, as transactions like affiliate commissions and currency swaps tend to be treated as taxable events due to their nature in generating income. It is crucial to consult up-to-date regulatory guidance or a tax specialist, especially given the evolving interpretations in this field, to ensure your specific activities remain in compliance.
hey flyingeagle, really interesting question! i’ve been digging into this a bit too. from what i’ve seen, the ‘goede huisvader’ rule seems to be more of a discretionary interpretation rather than a specific holding period stat like the usual one year rule for capital gains on crypto. some sources indicate that if you’re treating your crypto dealing as part of a regular business there’s a chance the rule might allow some flexibility, but it’s definitely a murky area. regarding affiliate commissions and currency swaps, i’m not 100% on the specifics - some people argue that any kind of income generation, including these, should be reported, while others think it might not fall squarely in the taxable event category like selling crypto does. have any of you come across clear guidelines or cases where these were treated one way or the other? would love to hear more about your experiences or any resources you found that helped clarify this!