🇬🇧 MOVES TOWARD ‘NO GAIN, NO LOSS’ TAX RULE FOR DEFI : A MAJOR WIN FOR USERS
The UK government is proposing a new tax framework that would stop treating DeFi deposits as taxable events.
The “no gain, no loss” model , backed by major industry players, including $AAVE ’s Stani Kulechov , aligns taxes with how DeFi actually works and removes unrealistic reporting burdens.
One of the most user-friendly DeFi tax proposals from a major jurisdiction to date.
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