Replying to Avatar Jake Woodhouse

Value-for-value is really donation-for-donation

It’s a gifting society

People put in the work, whether that be an article, video, or client

The input is time, energy, capital

In exchange people zap them, whatever feels right to them at the time in terms of amount, direct to their wallet

The output is stored time, energy, capital

This then begs the question: if one’s entire annual income is a donation, do you owe tax?
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Olive Grove Eggs 1y ago

I'm not a tax expert but from experience in Spain you have to be an association IE a form of charity to specifically handle donations.

Otherwise, whatever you receive, it's all income. Even 21% tax due on receipt of crowdfunding. They say it's "available capital", robbers.

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