Crypto given as a gift can result in tax exemption upon the sale of the given crypto. However, the clear starting point is tax liability.

Tax exemption upon sale requires very strong documentation that the gift was given with a real intention of gifting. The decision illustrates that the very clear starting point, also for gifts between spouses and other close family relations, is that they are considered given and received with the intention of speculation – and therefore the sale is taxable.

The decision can be found here: