If something hasn't changed, then it's exactly as @Pmalek confirmed. As far as I know, if you are employed, what you get from signature campaigns should be declared as other income and reported every time you receive a payment.
Yes, because you worked for it. You provided a service and got paid for it. The law doesn't make sense because I think you are required to pay tax on the current value at the point you received it. But we saw what happened with bitcoin in the last few days. It went down 10%, then it went up over 10% in a day. By the time you have converted the BTC into fiat, you could have lost money on it, but the government doesn't care.
Hm good point, for a moment I forgot that signature campaign payment is seen as 2nd income. I think I'm gonna ask it in the taxes thread in our local board since there is our guy there that knows this crypto taxes stuff inside & out.
I think our tax expert already covered that in some of his posts. No idea where though.
Pooya87, your comment makes it sound as if stable coins are more useful for altcoin traders than Bitcoin traders, but what about us?
Because I don't trade any other pair than BTC/USDT.
I can't lie, I am able to get my hands on Bitcoin by taking advantage of dumps in the market because of stable coins, I always swap my Fiat into USDT at first, and wait patiently for a dump...
You can just as easily avoid USDT and purchase your coins on exchanges that support fiat through USD, EUR, or whatever you use. Even the (so-called) popular P2P centralized exchanges allow buying with various fiat payment options. You don't need Tether for what you are doing at all.
