IRS Expands Key US Tax Language to Embrace NFTs

IRS Expands Key US Tax Language to Embrace NFTs

by Jeremy

“Digital property are any digital representations of worth which are recorded on a cryptographically secured distributed ledger or any related expertise,” in response to the draft directions. “For  instance, digital property embody non-fungible tokens (NFTs) and digital currencies, equivalent to cryptocurrencies and stablecoins.”

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