Presentation on Accounting and Tax for Crypto Businesses – Jan 21, 2020
Link to the presentation I made to the Digital Assets Committee of the New York State Society of CPAs on January 21, 2020.
Accounting
Corporate Accounting and Tax for ICO Proceeds
Despite the tanking of the crypto market this year and the uncertain regulatory environment in the USA, companies are still looking to token sales, or “initial coin offerings” (ICOs), as a way of raising funds. One of the key considerations is the taxation of ICO proceeds, and the subsequent accounting. The Blockchain CFO is here …
Burning Question: Are Crypto Token Sale Proceeds Debt or Equity?
So I was leaving a meetup in New York on Monday, one that was focused on the crypto space. I’ve developed a few opening lines for these sorts of events, one being the generic “what are you working on?”; and the more specific, slightly cynical, “so, are you doing and ICO?”. I’d had a couple …
Burning Question: Are Crypto Token Sale Proceeds Debt or Equity? Read More »