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Neovim have a ~$800k Bitcoin donation sitting untouched since 2023

320 points · 277 comments · jakemanger

  1. DataDive · · focus · HN ↗
    What happens if some of those tax the unrealized gains bills pass in some country where they have obligations?

    They would have to either pay the tax on gains or write off losses.

    1. mikeocool · · focus · HN ↗
      Neovim’s current donation page says that funds are managed by OpenCollective — a 501c6 organization in the US. 501c6’s are tax exempt.

      So assuming they are the holders of the bitcoin as well, there would be no tax liability.

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