NFT Market Participants Could Face Stiff Tax Penalties In the U.S.

2022-1-16 12:05

As the NFT market boomed in 2021, so do the questions around taxation come the next tax season. Sponsored Sponsored The Internal Revenue Service wants its share of the NFT booty. There is a lack of clarity on how NFT holders should be taxed, but tax experts say taxes could be up to 37%.

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