States Turning Eyes To Taxation Of Cryptocurrency And Non-Fungible Tokens (NFTs) – Sales Taxes: VAT, GST – United States – Mondaq

22 July 2022

Cadwalader, Wickersham & Taft LLP

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As the IRS ponders its approach to taxing cryptocurrency andNFTs, states are increasingly imposing taxes on some digital assettransactions, including the use of cryptocurrencies, as discussedbelow:

The content of this article is intended to provide a generalguide to the subject matter. Specialist advice should be soughtabout your specific circumstances.

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States Turning Eyes To Taxation Of Cryptocurrency And Non-Fungible Tokens (NFTs) - Sales Taxes: VAT, GST - United States - Mondaq