April 11, 2018

Stroock Special Bulletin

By: Brian J. Senie

Cryptocurrencies – the original, and most famous of which is Bitcoin – give rise to a number of tax issues, three of which we discuss in this Stroock Special Bulletin:

• the effect of using Bitcoin to buy a good or service,
• the treatment of mining Bitcoins, and
• what happens from a tax perspective when there is a so-called hard fork of a cryptocurrency into two cryptocurrencies. 

• FinTech
• Intellectual Property
• Regulatory, Tax and Private Client Services
• Tax