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Tax Transactions

2 published works

  1. Taft Tax Insights

    Did you know you may be able to treat a transaction as never happening if you unwind it in the same tax year?

    By James Duffy

    Occasionally, parties to a transaction may determine after closing that they would have been better off not completing the transaction. This may result from a misunderstanding of the facts or…

  2. Blockchain and the Law

    Biden Administration Proposes Changes to the Taxation of Cryptocurrency Transactions

    By Robert A. Friedman, Martin T. Hamilton, David S. Miller, Amanda H. Nussbaum, Stuart Rosow, Rita N. Halabi

    On March 28, 2022, the Biden Administration proposed certain very limited changes to the taxation of cryptocurrency transactions. The proposals do not change the current treatment of cryptocurrency as property…