The Internal Revenue Service (IRS), an agency under the U.S. Department of the Treasury that handles tax collection, intends to tax non-fungilble tokens (NFTs) as collectibles and is soliciting public opinions on the proposal, according to a government news release on Tuesday. Under the IRS definition, an NFT is “a unique digital identifier that is recorded using distributed ledger technology and may be used to certify authenticity and ownership of an associated right or asset.” (forkast)
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