PUB00405: Income tax – tax treatment of cryptoassets received from a hard fork

Tell us what you think about the tax treatment of cryptoassets received from a hard fork.

The use of cryptoassets and distributed ledger technology (e.g. blockchain) is becoming increasingly common. As a result, Inland Revenue has been asked to clarify the tax treatment of various types of cryptoasset transactions and arrangements. This Question We’ve Been Asked addresses the income tax consequences of receiving cryptoassets from a hard fork.

Comment deadline: 25 May 2021

PUB00405 Hard forks (PDF | 13 pages | 407 KB)