United States:
Virtual Currencies And The Commodity Trading Safe Harbor
25 July 2018
Ropes & Gray LLP
To print this article, all you need is to be registered or login on Mondaq.com.
Tax partner Jim Brown and tax associate Franziska Hertel
authored a recent Tax Notes Special Report article, in
which they analyzed whether the commodity trading safe harbor is
available to foreign investors engaging in virtual currency trades.
The IRS has taken an interest in the developing tax implications
and laws associated with the taxation of virtual currencies
including bitcoin and BlockChain. Disputing Tax has previously
reported on this topic as seen
here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Technology from United States
AI Legal Updates
Sheppard Mullin Richter & Hampton
The AI landscape is rapidly changing. To keep you up to date on the fast breaking legal updates in the AI space, we will be providing weekly updates summarizing significant news and legal developments...
AI In Retail And Consumer Products: Managing The Risks
Arnold & Porter
Artificial intelligence brings new opportunities and efficiencies to how companies conduct business, often working behind the scenes to transform day-to-day operations and how we live our daily lives.