Russ Willis of The Greystocke Project, has made available for download his article, “A Magical Action for Naught: Nonfungible Tokens”, published in Bloomberg Tax. The abstract is as follows:
Nonfungible tokens (NFTs) seem to be the next big shiny thing, but the tax issues surrounding them are a bit murky. Russell Willis of Charitable Solutions LLC looks at the basics and examines the issues in making a charitable donation of an NFT.
To see the full article, click: “A Magical Action for Naught: Nonfungible Tokens”
Posted by Anthony Tran, Associate Editor, Wealth Strategies Journal