What Washington’s Interim NFT Guidance Means for Sales Tax Compliance

Earlier this month, Washington released an Interim Guidance Statement on the taxability of non-fungible tokens (NFTs). In short, the Washington Department of Revenue (DOR) suggested that certain types of NFTs would be subject to sales and use tax under existing rules applicable to digital goods and would also be subject to their business and occupancy (B&O) tax.

Source: SOVOS

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