ARTICLE
11 March 2020

IRS Says Cryptocurrency Revenue Ruling ‘Speaks For Itself'

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Ropes & Gray LLP

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Ropes & Gray is a preeminent global law firm with approximately 1,400 lawyers and legal professionals serving clients in major centers of business, finance, technology and government. The firm has offices in New York, Washington, D.C., Boston, Chicago, San Francisco, Silicon Valley, London, Hong Kong, Shanghai, Tokyo and Seoul.
In a recent Tax Notes article, tax associate Franziska Hertel provides commentary on the October 2019 IRS guidance that discusses two cryptocurrency hard fork situations:...
United States Technology

In a recent Tax Notes article, tax associate Franziska Hertel provides commentary on the October 2019 IRS guidance that discusses two cryptocurrency hard fork situations: one in which no new currency is transferred to the taxpayer, and one in which the taxpayer receives new coins in an airdrop. As indicated in the article, Franziska recently spoke at the annual International Fiscal Association U.S. branch meeting in Boston on this topic.

Please click here to read Franziska's insights.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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