It is taxable, but only for Strike. No tax for anyone sending dollars and no tax for anyone receiving dollars (other than taxes that would still apply without the lightning rails).
Strike has taxable events for the USD > BTC conversion when sending and the BTC > USD conversion when receiving.
senf /
npub1jl…7zezs
2023-02-15 20:41:41
in reply to nevent1q…u9uv
Author Public Key
npub1jlzhnw5h7a2sn0w7ukpdy2myyfh0mlws8t8vg990m3222lg3ejdq67zezsSeen on
wss://nos.lolPublished at
2023-02-15 20:41:41Event JSON
{
"id": "9773a6689417dba260cc98d477094e1ffcbe8fb789a73d0919867a0e8d9c6a06",
"pubkey": "97c579ba97f75509bddee582d22b64226efdfdd03acec414afdc54a57d11cc9a",
"created_at": 1676493701,
"kind": 1,
"tags": [
[
"e",
"0bd3a58fea530fb562b9e36100db1a3fce709fbd3223bfd3b7cb121fd2d25c29"
],
[
"e",
"a20f9962daf1b0e19f47e5addf62635050dd1016c6a388f4551367f82c2d6959"
],
[
"p",
"c4eabae1be3cf657bc1855ee05e69de9f059cb7a059227168b80b89761cbc4e0"
],
[
"p",
"c4caf754a07cc3a8a70fae035708929e4d8aa38a27c97c46def00692d1ff8c29"
]
],
"content": "It is taxable, but only for Strike. No tax for anyone sending dollars and no tax for anyone receiving dollars (other than taxes that would still apply without the lightning rails).\n\nStrike has taxable events for the USD \u003e BTC conversion when sending and the BTC \u003e USD conversion when receiving. ",
"sig": "6184ca8ab77f76709ec5ae70fe369e3557d313af5f0fa1d024a48cda73fa3573ca517ae00420861375a99c3ebc0cccde4581c433efcfcdf8aeaedd23df3043e9"
}