Consider an individual, Taxpayer A, who would like to donate to a charity, Charity B, which provides humanitarian aid in Eastern Ukraine. The date is March 2022, and Russia has just begun its invasion of Ukraine. Taxpayer A is limited by two options to send money. Option 1: Taxpayer A could transfer money to Charity B’s Ukrainian bank account. However, the exercise may be frustrated by Charity B’s bank being destroyed or inaccessible due to Russia’s bombing of Ukraine. Option 2: Taxpayer A could instantly send digital assets or cryptocurrency to Charity B’s digital wallet. Because the transfer is digital, ...
June 27, 2023, 3:22 PM
Rethinking Qualified Appraisal Requirements for Cryptocurrency
Analysis
![Sahel Ahyaie Assar](https://db0ip7zd23b50.cloudfront.net/dims4/default/99e2711/2147483647/legacy_thumbnail/80x80%3E/quality/90/?url=https%3A%2F%2Fbspot-prod.bna.com%2Forca%2Fapi%2Frendition%2Fpng%2Fim231577.png%3Fdigest%3D6e28333cb2c2163019a903b862a8c99ea445379b2cb8f26d99d5e79a14e2b1b3)
Sahel Ahyaie Assar
Buchanan Ingersoll & Rooney PC