@Bragato18 26 November 2022

Just realised can send the BEP-20 faucet rewards to coinspot if we want to swap it. Advantage of using coinspot is it gives us some capital gains to declare for the tax year. Need to find out first if it is actually capital gains or income tax we should be paying. As we didn’t actually purchase the SHIB. Would prefer a non KYC exchange but Kucoin our current doesn’t do BSC. The tax dept does not allow to declare parts of a dollar only whole dollars. Interesting given the value of the SHIB at the moment is 0.81 of a Australian dollar. But a good time to do swaps, as it will probably create a capital gains loss of at least a dollar. When we started using the Shiba Inu faucet we were getting 7 SHIB per roll and now it is 32 SHIB. that would make it an average 20 SHIB per roll at a value of $1.32 tax loss $1.32 - $0.81 = $0.51 rounding to nearest dollar $1.00 - $1.00 = $1.00 https://freeshibainu.com/?ref=15036