Taxation aspects of Non Fungible Tokens (NFTs) on art
Non Fungible Tokens (“NFTs”) are in the conceptual category of valueless tokens, i.e. those cryptographic mathematical units whose function is exhausted in their ownership and have no other utility than their “uniqueness”. Non-fungibility therefore allows the tokens to be distinguishable from one another, and thus each token is different from one another. The first form … Read more