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1. emoden+(OP)[view] [source] 2024-03-01 18:21:44
Not saying you can't owe tax on it but isn't that unrealized profit?
replies(1): >>danena+k3
2. danena+k3[view] [source] 2024-03-01 18:36:02
>>emoden+(OP)
"Unrealized profit" is a term used for investments or assets afaik, when the paper value has increased but the gains haven't been realized by selling.

For a business, revenue minus expenses in a given accounting period is considered profit. The only question is whether it gets treated as corporate profit or personal income.

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