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Patrick McGimpsey

How are NFT airdrops taxed?

In recent years, NFTs have exploded in popularity as they establish ownership and scarcity in the digital realm. Profile picture NFT collections, such as CryptoPunks and Bored Ape Yacht Club (BAYC) NFTs have become synonymous with wealth and status, driving their price to astronomical levels during…

11 Jan 2023 · 5min read

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