The Uncharted Territory of Taxing Non-fungible Tokens (NFTs)
You may have read that nonfungible tokens (NFTs) have introduced an extremely lucrative way to sell digital work, like art. Beyond the question "what's an NFT?" is how the sometimes-extraordinary proceeds are taxed. Center for Public Finance fellow Joyce Beebe explains in the Baker Institute Blog.
Joyce Beebe June 8, 2021