Counsel Nick Mowbray and Partners Robert Musiala and Betsy Smith (with contributions from Partner Teresa Goody Guillén) have authored “NFT Tax Guidance Shows IRS Interest in Crypto Enforcement,” published April 28, 2023, in Law360.
This follows a March 2023 announcement from the IRS and the U.S. Treasury department that they would release guidance identifying certain non-fungible tokens (NFTs) as collectibles under the tax code.
Read the article.