Taxpayers must apply general principles in current tax law to their NFT transactions until further notice. Taxpayers should not mistakenly treat NFTs the same as cryptocurrencies as they are ...

Check this guide to learn the process of tax-loss harvesting in the crypto space. View the mechanics, considerations and ...

NFT taxes work the same way as crypto taxes. If you realize a gain from selling an NFT, you owe taxes on those gains. Keep in mind that if you mint an NFT and pay a gas fee in crypto, this is ...

Unless you’ve lived under a rock, you’ve probably heard the term NFT. But you might not clearly understand what they are, how ...

The UK tax authority has seized three Non-Fungible Tokens (NFT) as part of a probe into a suspected VAT fraud involving 250 alleged fake companies. HM Revenue and Customs (HMRC) said three people ...

Since recording a monthly volume of $1.6 billion in March, its highest in 2024, NFT volumes have been on a downward trajectory. It continued through September when NFTs reached their lowest ...