MEDIA ALERT – As Non-Fungible Tokens (NFTs) Gain Momentum, Taxpayers Should Be Aware of Related Tax Obligations
Wolters Kluwer Tax & Accounting looks at the possible tax implications of creation of or investment in non-fungible tokens Wolters Kluwer Tax & Accounting: What: Non-fungible tokens (NFTs) are unique digitized assets stored on a digital ledger. The use of a digital ledger makes them somewhat similar to cryptocurrencies. However, cryptocurrencies......