MISC - Taxable Events
Credits: disc0lem0nade#5180 https://discord.com/channels/861728723991527464/922892485641007114/922892487088013313
## Trading (Trader/Docks)
- Taxable
- Trade / Swap (Capital gain/loss @ tx)
- Airdrop JEWEL (Ordinary income @ tx)
- Nontaxable
- N/A
## Staking (Bank)
- Taxable
- Earn / xJEWEL multiplier (Capital gain/loss @ execution)
- Withdrawal / xJEWEL multiplier (Capital gain/loss @ tx)
- Claim / xJEWEL multiplier (Capital gain/loss @ tx)
- Nontaxable
- Deposit
## Liquidity Pools (Gardens)
- Taxable
- LP Pair creation (Capital gain/loss @ tx)
- LP Pair split (Capital gain/loss @ tx)
- Claim / Unlocked JEWEL (Ordinary income @ tx)
- Locked JEWEL (Unlocked via questing) (Ordinary income @ tx)
- Locked JEWEL (Unlocked as released) (Ordinary income @ tx)
- Nontaxable
- Claim / Locked JEWEL
- Deposit (Taxed on pair creation)
- Withdrawal (Taxed on pair split)
## NFTs (Tavern/Portal/Meditation Circle)
- Taxable
- Buy (Capital gain/loss @ tx)
- Sell (Capital gain/loss @ tx / reduced by level and/or summon and/or hire cost)
- List for hire (Capital gain/loss @ tx)
- Hire (Capital gain/loss @ tx)
- Level (Capital gain/loss @ tx)
- Summon Hero (Capital gain/loss @ tx)
- Nontaxable
- Airdrop Hero (Taxed @ sell) - Basis = 0
## NFTs (Questing/Vendor)
- Taxable
- Airdrop (quest complete) Token (Ordinary income @ tx)
- Buy (Capital gain/loss @ tx)
- Sell (Capital gain/loss @ tx)
- Nontaxable
- N/A
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