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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. 

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