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cryptonews 2023-09-04 22:27:00

Tax the Metaverse Calls Gain Momentum Following Scholarly Research

A new research paper from Harvard legal scholar Christine Kim argues that the same tax principles that apply to physical world income should extend to the metaverse. Christine Kim, a law professor at Yeshiva University, laid out the case for taxing the metaverse in her recent paper "Taxing the Metaverse." She contends that metaverse activities like trading virtual assets, selling digital products, and providing services meet the standard definitions of taxable income. ... Read More: Tax the Metaverse Calls Gain Momentum Following Scholarly Research

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