Hi Everyone, so i got an idea of how tax works when you sell crypto but here is something I don’t understand. So if deposit fiat to my wallet then bought BTC and send it to a friends wallet, am I entitled to pay any taxes on this transaction, technically I didn’t sell it for profit and I don’t own it anymore either. Have a good day and profits everyone! ✊????????????
P.s. - i live in a country where crypto gains are taxed.
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