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RE: COINBASE REPORTING COIN TRANSFERS OFF PLATFORM AS A TAXABLE EVENT.
Very informative.
Shouldn't be an immediate problem for HODLers. Keep your buy/sell and transfer records and if you are audited you can show that you still own the coins and therefore haven't had a capital gain regardless of what Coinbase does.
Agreed, I was under the mistaken assumption that only my trades were reported not every time I transferred coin..