Top Ripple Execs Spark Controversial Debate Over XRP and Taxes

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Top Ripple Execs Spark Controversial Debate Over XRP and Taxes
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XRP tax debate sparks among top Ripple execs following this discovery xrparmy xrpcommunity xrpl xrpledger xrpthestandart ripple $xrp

, an accounting and finance consultant passionate about digital assets, initiated the thought-provoking conversation. He asserted that if an XRP settlement occurs within a single ledger without price fluctuations, taxable implications would apply only to the customer. However, if price shifts occur during the pathfinding process, both increases and decreases in taxable events may arise.

If it settles in a single ledger and prices do not change between buying and selling then the implications are only for the customer.— Fredo Ayala 🏴‍☠️ 🪝 Neil Hartner, a senior staff software engineer at Ripple, sought clarity on a specific scenario involving a USD to EUR cross-currency payment, autobridged via USD to XRP and XRP to EUR.

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