Outside Publication

How the Definition of Digital Asset Brokers Was Brokered, Tax Notes Federal

August 29, 2022

Partners Michael Kummer and Sarah-Jane Morin, senior attorney Anthony Cipriano, and associate Maya Hairston authored an article for Tax Notes Federal about the taxation of digital assets that highlights several under-the-radar issues likely to arise in future controversies involving digital asset taxation.

The article explores the curious legislative history of the amendment to Section 6045(c)(1)(D)—imposing information reporting obligations on “brokers” of digital assets—and the interplay of that legislative history with the US Department of the Treasury’s ongoing process of drafting regulations under the amendment.

Read the full Tax Notes Federal article >>

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