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Am Law 100 firm with practices in Business, Digital Assets and Data Management, Intellectual Property, Labor & Employment, Litigation and Tax.

Home | BakerHostetler

Jeff Paravano, Andrew Grossman Discuss Moore v. United States on Celesq Webinar

BakerHostetler Offers Six-Part Virtual CLE for In-House Counsel

BakerHostetler continues strategic growth, welcomes new counsel to Catastrophic Accident Response team

Winston Kirton Participates in Panel on Health Equity at 2024 HBA Annual Conference

Counsel Nicholas Mowbray is quoted in a Sept. 4 <a href="https://www.taxnotes.com/tax-notes-today-federal/cryptocurrency/proposed-crypto-broker-regulations-hit-everything/2023/09/05/7h81m?highlight=Sheppard" target="_blank" rel="noreferrer noopener">Tax Notes Federal article</a> titled “Proposed Crypto Broker Regulations Hit Everything” (subscription required).

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“The number of digital assets that are available for trading is staggering,” he told the publication. “Taxpayers face surprising federal tax consequences if [the IRS and Treasury Department] do not take the position that a digital asset or a derivative product qualifies as a commodity or a security.”

Are digital assets commodities or securities? Taxpayers need to know

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