Oct 16, 10:08 pm
Decrypt
Coinbase VP Says DeFi-Centric Taxes ‘Awfully Difficult’ to Implement
Coinbase’s high tax lawyer, Lawrence Zlatkin, believes that it could be troublesome for American tax authorities to survey the decentralized finance trade. He argues that accumulating info from decentralized exchanges (DEXs) can be difficult as a consequence of their peer-to-peer nature. Zlatkin additionally states that DEXs shouldn’t be handled in another way in terms of monitoring positive factors and losses for merchants and buyers.
