Description
Finalized IRS Rules on Digital Asset Brokers.
Legal Significance
For the first time, brokers of digital assets like cryptocurrency and non-fungible tokens will be subject to tax reporting requirements akin to those imposed on brokers of securities and other financial instruments under the new final regulations.
Issues
Status
Complaint Filed
Case No.
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Date Filed
August 29, 2023
Plaintiff
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Defendant
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Court
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Plaintiff Counsel
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Defendant Counsel
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Major Filings
Related Developments
Harper v. Wefel of the IRS
Harper v. Wefel of the IRS
Appeal
IRS Broker Reporting for Digital Assets
IRS Broker Reporting for Digital Assets
Complaint Filed
Jarrett v. IRS (Staking Rewards)
Jarrett v. IRS (Staking Rewards)
Settled
USA v. Ahlgren
USA v. Ahlgren
Complaint Filed
USA v. Elmaani
USA v. Elmaani
Settled