12 minutes | Nov 9th 2020

Looking at digital assets through a tax lens

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There’s a rapid proliferation of digital assets across geographies and industries, from tokens, to stablecoins, to digital representations and derivatives of each. But with little tax guidance available for businesses, asking “What’s the thing?” is critical to understanding how specific details inform the asset’s character, basis tracking, application of indirect tax, revenue and expense recognition, and sourcing.

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