Tax Law

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IRS Notice Provides Bitcoin Transaction Tax Guidance
Posted on 19 May 2014 by Neil Aragones

In March, the IRS issued Notice 2014-21, 2014 IRB LEXIS 238 (March 25, 2014) , providing guidance, in the form of FAQs, on the application of general tax principles to transactions involving virtual currency, such as bitcoins. Q&A 1 of the notice... Read More