- Allocation of tokens to team members is generally not tax-exempt
- Tax assessment is complex and depends on factors like contract terms and token classification
- Tokens can be used as incentives for founders, employees, and contractors in crypto projects
- Vague wording and unclear provisions can lead to uncertainty regarding tax implications
- Clear and transparent token allocation is important to avoid conflicts and ensure project trustworthiness
- Vesting, blocking, and cliff periods are used to incentivize long-term commitment and prevent immediate token sales
Source: mme.ch
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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