Applying Governance to the Spark Distribution.
There have been a number of questions regarding the tax impact of the Spark (FLR) distribution in various jurisdictions. Specifically, there is a concern that due to the Spark token becoming priced subsequent to the launch of mainnet that the long-term distribution of 3% per month, but not the initial distribution of 15%, could be considered as income for tax purposes. Various parties claiming authority on the subject matter, predominantly from a US perspective, have publicly given widely differing opinions. Crypto News Video by crypto Eri.
