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Pillsbury - Internet & Social Media Law Blog

Five Things to Know about New Jersey’s Taxation of Convertible Virtual Currency

Pillsbury - Internet & Social Media Law Blog on

On March 10, 2015, the New Jersey Division of Taxation issued Technical Advisory Memorandum TAM-2015-1, explaining its policy regarding convertible virtual currency. The IRS has held that convertible virtual currency (CVC),...more

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