If I donate XMR to e.g. the developers of a free software project, how are taxes handled? Is the developer assumed to report his profits to the state and handle the taxes or do most devs just keep 100% of the donation?

If it would somehow be made public that I donated x amount to a dev and that neither of us payed taxes, would the dev be taken accountable or me or both of us?

  • mister_monster@monero.townEnglish
    3·
    11 months ago

    Well, the recipient if they’re paying taxes would report it, but they can’t prove who gave it. If you give your name they can. If it’s a charitable donation you’d probably want to to write it off.