Those buying NFTs with Bitcoin or Ether may face tax surprise

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With NFT sales on the rise, news agency CNBC revealed that buyers and sellers could face taxes on such transactions. According to the company’s wealth reporter, Robert Frank, the US Internal Revenue Service (IRS) could impose steep taxes on those who sell “highly valued” crypto assets to buy NFTs. The CNBC reporter pointed out:  Collectors who […]


Those buying NFTs with Bitcoin or Ether may face tax surprise written by Alisha Roy @ https://ambcrypto.com/those-buying-nfts-with-bitcoin-or-ether-may-face-tax-surprise/ March 18, 2021 Alisha Roy

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