Karllos SouzaDec 26, 2021 · 3 years ago8 answersAre there any tax obligations when someone gives you 1 million dollars in digital currency?
If someone gives you 1 million dollars in digital currency, what are the tax obligations associated with it? How does the tax treatment differ for digital currency compared to traditional currency? Are there any specific regulations or reporting requirements that need to be followed? What are the potential consequences of not reporting the receipt of such a large amount of digital currency?
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