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Featured Analysis

A curated selection of our standard-setting tax analysis and commentary. If you are looking for the Tax Notes difference, look no further.

Michael Lukacs, Oren Marguiles, and Lakshmi Jayanthi explain what nonfungible tokens (NFTs) are, how various parties engage in NFT transactions, and how NFTs are exploited commercially, and they answer common questions about the taxation of NFT transactions — a subject on which there is no direct guidance.
The road ahead for the OECD's two-pillar solution on base erosion and profit shifting, or BEPS 2.0, seems to grow ever less certain. As the inclusive framework takes up the challenge of turning words into worldwide action, will cracks in consensus mean failure? Or is this only the beginning of a long process? Panelists tackled these questions in an October 25 "Taxing Issues" webinar.
In this installment of The SALT Box, Roxanne Bland examines the digital world, which in its promise to provide a plethora of new experiences and opportunities to generate income for individuals and business entities, also promises to provide several challenges in determining how to tax that income.