On Mon, Sep 30, 2019 at 6:01 PM <[email protected]> wrote: > > On Monday, September 30, 2019 at 2:53:29 PM UTC+2, [email protected] wrote: > >> In Austria, if certain assets are held long enough there are no taxes on >> capital gains. >> > > While holding stocks at "future cost" might seem as a contrived example, this > also applies to things like coin airdrops or blockchain splits. > Some argue that from taxation standpoint these would be gifts.
Then book it to some account you're not going to include in your taxes. Beancount doesn't do your taxes; it just counts all your beans in buckets you can then use for your taxes (if you want to). And just like electrons in your computer, you have at your disposal an infinity of buckets you can define. Create an Income:Gifts:Airdrop bucket. (What's a coin airdrop? I have no idea.) > > If you get 10 Bitcoin Cash from holding 10 Bitcoin at the time of split, the > question is at what cost basis would you hold the new coin, and how do you > achieve not producing any income when selling these? That one's easy: you dump them all by reductions, and then recreate twice as many of them as if you bought them, but as half the per-unit cost. No income. Do it all on a single transaction. It's not super great that there's no dedicated syntax for that, but it's rare enough it's not a real issue. (Plus a dedicated syntax would have to handle a bunch of unorthodox instances that are slight modifications of that, so I'm not even sure that's justified.) > > > > -- > You received this message because you are subscribed to the Google Groups > "Beancount" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > To view this discussion on the web visit > https://groups.google.com/d/msgid/beancount/fbfa9ec4-8593-4896-8f32-82875e7a101d%40googlegroups.com. -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/CAK21%2BhMh_vMa0b_9M9PfNTqLLH1Kpp7mL9HeXGq%3DrbiCnSQYbg%40mail.gmail.com.
