"International Tax Implications for Digital Assets" written by Citrin Cooperman Partner and Digital Asset Practice Leader, Mark DiMichael was featured in TaxStringer, the New York State Society of CPA's online publication.
Cryptocurrencies and digital assets are purely electronic in nature, existing only as line items on a blockchain. Because of this, they offer unprecedented flexibility for investors, token issuers, and non-fungible token creators to consider an international business structure for accounting, tax, and legal purposes.
Subscribers of the NYSSCPA's TaxStringer can click the button below to read the full article and review some examples of how different international locations and structures can benefit a digital asset business or individual.
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