Do I pay tax on my earnings from launching?
Launchers
Yes.
You declare your earnings in the normal way.
Shift-4 Inc., is a tax-exempt corporation therefore it does not file your earnings. Your earnings are claimed and paid directly to your custodial wallet and the only time your name is associated with that wallet will be when you cash out via a CEX or bank account. We do not provide financial advice, however, during the SendIt launch process or when you earn $10,000 in a month (whichever is first), the Inner-Circle team can help set up a corporation tax-exempt IBC in the Marshall Islands in order to receive tax-free crypto income.
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