IBA Annual Conference Miami 2022
30 Oct - 4 Nov 2022
Room 210, Level 2
Crypto, blockchain and fintech - can tax keep pace with technology?
Thursday 3 November (0900 - 1015)
Private Client Tax Committee
New technologies have evolved to make it possible to store data in an unprecedented manner. New asset classes, like crypto currencies and non-fungible tokens, have been created. Can old law apply to such new asset classes? This panel will explain how tax laws of the brick-and-mortar time are being applied to transactions in the blockchain and crypto world and, where available, which new laws or guidelines have been enacted to address the ever-changing universe of the internet, soon potentially a meta-verse.