In this episode of Ropes & Gray’s podcast series Disputing Tax, Franziska Hertel, an associate in the tax practice, is joined by Kat Gregor, a tax partner and tax controversy group co-founder, and Brittany Cvetanovich, counsel in the tax practice, to discuss a recent Federal Circuit case, Charleston Area Medical Center, Inc. v. United
IRS Says Cryptocurrency Revenue Ruling ‘Speaks for Itself’
In a recent Tax Notes article, tax associate Franziska Hertel provides commentary on the October 2019 IRS guidance that discusses two cryptocurrency hard fork situations: one in which no new currency is transferred to the taxpayer, and one in which the taxpayer receives new coins in an airdrop. As indicated in the article, Franziska recently
Virtual Currencies and the Commodity Trading Safe Harbor
Tax partner Jim Brown and tax associate Franziska Hertel authored a recent Tax Notes Special Report article, in which they analyzed whether the commodity trading safe harbor is available to foreign investors engaging in virtual currency trades. The IRS has taken an interest in the developing tax implications and laws associated with the taxation of