What about when you open a lightning channel with your on chain funds, is that a transaction? Has value been transferred if you’re still in control of the corn?

When the channnel closes, is that a transaction? What if you opened it with 1million sats but it closes with 500k sats but the value of corn has gone up 100% since you opened the channel, is that a gain or a wash?

The IRS isn’t ready for LN!