TechFlow news, according to Bloomberg, the Internal Revenue Service (IRS) is planning to tax NFT investors. According to U.S. tax experts, this is one of the hottest areas in the current crypto industry. Chainalysis data shows that investors and creators of NFTs have inflated this market to $44 billion. IRS officials say NFT investors and creators owe billions of dollars in taxes to the United States and could face tax rates as high as 37%, as authorities prepare crackdowns.
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