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Garrett L. Brodeur Contributes To New York State Bar Association Tax Section’s Report On IRS Notice 2023-27 Concerning Tax Treatment Of Non-Fungible Tokens

The New York State Bar Association (NYSBA) Tax Section published Report No. 1478 on June 18, 2023 to provide comments on the IRS’s recent proposal (in Notice 2023-27) to tax certain NFTs as “collectibles” under section 408 of the Internal Revenue Code. As a member of the NYSBA Tax Section working group for the report, Garrett L. Brodeur provided comments, performed research, and offered substantive edits during the drafting of the report. Garrett is recognized along with the rest of the working group in Footnote 1.

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