News & Analysis as of

Tax Deductions Trading Platforms

ASKramer Law

A Comprehensive Guide to the Deductibility of Digital Asset Losses

ASKramer Law on

In November 2023, almost 11,000 cryptocurrencies and digital tokens were listed on CoinMarketCaps.com. In addition, tens of thousands of non-fungible tokens (NFTs) are sold daily on various crypto exchanges and NFT platforms....more

Hogan Lovells

Taking stock

Hogan Lovells on

In a recently published judgment handed down by the Supreme Court of Appeal, the court had to consider the interplay between the accrual of income and the ability to claim a deduction in circumstances where trading stock was...more

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