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Non Fungible Token - NFT - Digital Art Stored on Digital Ledger (Blockchain) - Conceptual Illustration-Shutterstock_2074169285

Sales Tax on NFTs: Washington State Guidance Blazes Trail Other States May Follow

By Marvin A. Kirsner on July 21, 2022
Posted in Blockchain, Featured, GT Alert, NFT, Tax

The Washington state Department of Revenue (WDOR) in July 2022 published detailed guidance on the sales tax consequences of non-fungible token (NFT) sales, the first such guidance in the…
Continue Reading Sales Tax on NFTs: Washington State Guidance Blazes Trail Other States May Follow

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Greenberg Traurig’s global Blockchain & Digital Assets Group comprises more than 100 attorneys across multiple legal disciplines in key financial hubs around the world, providing a centralized approach to blockchain and digital asset matters. We leverage our diverse experience to advise clients on matters ranging from token structuring, fund formation, investment strategies, financial regulation and registration, international tax planning and structuring, stable coins and asset-backed digital assets, infrastructure applications, technology licensing and development, mining, securities compliance, cryptocurrency exchanges and trading, and blockchain-as-a-service.

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