Tax Management Portfolio: Taxation of Cryptocurrency Sample
Since the inception of Bitcoin, we have witnessed a staggering increase of new decentralized protocols and associated digital assets, largely constructed using blockchain technology. These new protocols and digital assets have greatly expanded the universe of transactions in the blockchain and digital asset space. The number and types of market participants has correspondingly grown exponentially.
Tax Management Portfolio 190: Taxation of Cryptocurrency and Other Digital Assets explores the myriad tax considerations these transactions present. For activities unique to digital assets, this Portfolio provides a detailed description and generally sets forth the primary consideration for determining the appropriate tax consequences. For more traditional activities, the Portfolio summarizes the relevant law and identifies key issues tax professionals must grapple with. While the types of transactions and activities are not always clear cut, you’ll get a framework to help you navigate the tax implications.
Download a complimentary sample of Portfolio 190: Taxation of Cryptocurrency and Other Digital Assets now.