In recent analysis, Fried Frank Partner Jason Schwartz addressed the IRS's recently issued notice confirming that consensus-layer staking rewards are taxed at fair market value when the staker has dominion and control over them.
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In recent analysis, Fried Frank Partner Jason Schwartz addressed the IRS's recently issued guidance on the treatment of NFTs as "collectibles" for U.S. tax purpose.
In recent analysis, Fried Frank Partner Jason Schwartz discussed methods for U.S. cryptocurrency investors to realize tax losses before the end of the year.
The District Court for the Middle District of Tennessee granted a motion to dismiss a tax refund suit relating to cryptocurrency staking rewards on mootness grounds after the IRS issued the refund.
U.S. House Financial Services Committee members reintroduced a bill that would block states from imposing financial transaction taxes on, among other securities industry participants, stock exchanges and broker-dealers.