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Go to theIRSwebsiteto search and read Notice 2014-21 (IRS Virtual Currency Guidance). Based on your review of Notice 2014-21, identify two tax consequences that may

Go to theIRSwebsiteto search and read Notice 2014-21 (IRS Virtual Currency Guidance).

  • Based on your review of Notice 2014-21, identify two tax consequences that may result from dealing in convertible virtual currency; then, provide one scenario to support the potential tax consequences.

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