Disclaimer

The information on this website is presented as a service for our clients and Internet users and is not intended to be legal advice, nor should you consider it as such. Although we welcome your inquiries, please keep in mind that merely contacting us will not establish an attorney-client relationship between us. Consequently, you should not convey any confidential information to us until a formal attorney-client relationship has been established. Please remember that electronic correspondence on the internet is not secure and that you should not include sensitive or confidential information in messages. With that in mind, we look forward to hearing from you.

 Skip to Content

Carlton Fields Attorneys Author Article Series in Bloomberg Law on State Sales and Use Tax Statutes
July 03, 2019
Carlton Fields attorneys Steven Blickensderfer, Andrew “Drew” Hinkes, Matthew Kohen, and Rahul Ranadive recently authored a series of  articles in Bloomberg Law on new state sales and use tax laws, and how they affect remote commerce, crypto assets, and gaming.
 
A majority of states have now put forth legislation or passed laws to allow for the collection of sales and use tax on remote transactions that were previously not included in the tax.
 
These laws may specifically impact ICO-created marketplaces, crypto exchanges, the Ethereum system, external marketplaces for in-game items, virtual goods and property, and virtual currencies on live streaming services.
 
The attorneys advise that the laws are still somewhat new, and therefore it may take time to determine definitions, and assess the true impact on certain industries and companies.
 
Read the article on remote commerce, the article on crypto assets, and the article on gaming. 
Featuring
Image: Rahul P. Ranadive
Rahul P. Ranadive
Related Practices
Blockchain and Digital Currency Esports and Electronic Gaming Tax