News & Analysis as of

Virtual Currency › Property Tax

Virtual Currency (aka Digital Currency or Digital Money) is a type of currency or medium of exchange that is not issued by any government nor guaranteed by a government currency. Despite lacking legal tender... more +
Virtual Currency (aka Digital Currency or Digital Money) is a type of currency or medium of exchange that is not issued by any government nor guaranteed by a government currency. Despite lacking legal tender status, Virtual Currency is still traded and exchanged in some environments, typically online environments or communities. Bitcoin is the most well-known form of Virtual Currency.    less -
Morrison & Foerster LLP

CFPB to Assume a Larger Role in Virtual Currency Initiatives

Morrison & Foerster LLP on

On June 26, 2014, the U.S. Government Accountability Office (“GAO”) released a report, entitled “Virtual Currencies: Emerging Regulatory, Law Enforcement, and Consumer Protection Challenges.” The report, delivered earlier to...more

Manatt, Phelps & Phillips, LLP

SEC Alerts Investors: Of Bitcoin Risks

Manatt, Phelps & Phillips, LLP on

For the second time in less than one year, the Securities and Exchange Commission (SEC) has issued an alert to investors about the risks of investing in Bitcoin and other virtual currency-related opportunities....more

Pillsbury Winthrop Shaw Pittman LLP

IRS Issues Significant Convertible Virtual Currency Ruling – Bitcoin Community Abuzz

Pillsbury Winthrop Shaw Pittman LLP on

The IRS has issued its first major ruling on the U.S. federal tax implications of transactions in, or transactions that use, Bitcoin and other convertible virtual currencies. The ruling stresses that it relates to convertible...more

Gray Reed

IRS Makes Bitcoins A Tax Headache

Gray Reed on

The IRS just published Notice 2014-21 which explains the IRS’ vision on how general tax principals apply to “virtual currency” transactions like Bitcoin....more

4 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up Log in
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide