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Breaking: U.S. IRS Considers Taxing NFTs On Par With Other Collectibles

By Pratik Bhuyan at 2025-01-31 06:57

Sentiment: Positive

NFT News: The Treasury Department and the Internal Revenue Service made an announcement on Tuesday that they are considering taxing digital collectibles such as NFTs and are requesting feedback for upcoming guidelines about the tax treatment of digital collectibles. They plan to release more comprehensive instructions shortly on NFTs, which have grown to be one The post Breaking: U.S. IRS Considers Taxing NFTs On Par With Other Collectibles appeared first on CoinGape. Continue reading...

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Tags: #24/7 Cryptocurrency News #NFT News

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