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Crypto, NFTs and sales tax: What we know so far

Sales tax has a universe of changing conditions. Now we can add more: cryptocurrency (such as bitcoin) and what seems to be its cousin, non-fungible tokens (NFTs).

Already the IRS is turning a bright light on these assets as more transactions take place in a virtual world. What are the sales tax ramifications?

Few know for sure – yet.

Source: taxconnex.com

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