IRS wants to know if NFTs count as collectibles for tax purposes
The Treasury and the IRS aren’t sure whether NFTs count as collectibles, which would impact capital gains tax. The public can now weigh in.
The Treasury and the IRS aren’t sure whether NFTs count as collectibles, which would impact capital gains tax. The public can now weigh in.
Playboy launched an NFT collection back in 2021, when crypto was flying high. Now, it’s getting hammered by the market.
The surge in royalty payments follows a new policy issued by Blur that states creators are to delist their NFTs from OpenSea.
Prominent designer and digital artist Ben Benhorin has been arrested in Israel for allegedly concealing over $850,000 in NFT sales.
The judge ruled that plaintiffs have “adequately alleged” that these NBA-themed NFTs passed the Howey Test.