not sure if I am in the right category here etc… anyway let me know if I am not
I have some questions around tax and crypto - specifically in relation to stable coins e.g. USDC
If I build a B2B platform that moves USDC between 2 businesses for products/services (e.g. a product listed for sale at 100 USDC and then bought at 100 USDC …and also I take some extra USDC in fees) then what tax obligations do those businesses have outside of my platform apart from the usual ?
I think there can be small fluctuations on USDC at the point of exchange to real dollars that can technically have some implications but I am still not fully clear.
Also, am I correct in saying that if we were using non stable coins then it gets even more complicated right ?
any help is greatly appreciated…