Common Issues with Navigating the Changing Landscape of Multistate Taxation of Crypto Currency & Crypto Based Companies

Accreditation Wreath Icon UT
SKU: FINTECH3400 Back to Course Listings
Utah selected on map

Utah MCLE
Accreditation Info

Courses purchased through UnitedCLE.com are provided and fully accredited by The National Academy of Continuing Legal Education and directly approved by the Utah State Board of Continuing Legal Education. To view our full accreditation details please .

All Courses Available iOS/Android Web

All Courses Available iOS/Android Web

About This Course

State Taxation varies across US states. The State and Local Tax (SALT) levels in particular are different for every jurisdiction with their own tax code and tax treatment for different types of applications. For example, the revenue from a particular company is classified in California may vary widely from how it is viewed in Texas. The US Supreme Court, citing the Commerce Clause and various other constitutional considerations, places limitations on a state’s power to tax. One of these related to CryptoCurrency Companies is Nexus, or the minimum connection required by a state to establish a tax filing responsibility.

This informative CLE course outlines specific rules and presents a broad overview of the many issues facing clients in the crypto currency industry. There are many examples. Firstly, as a relatively new industry, different states have different approaches to how taxing crypto currencies should be defined. Many treat them as property, while others view them as currency or commodities, leading to confusion and compliance challenges for businesses operating in multiple states. Another issue is how the tax nexus for crypto businesses should be determined. Should the determining factors be physical presence, economic presence, or the volume of transactions conducted within their borders?

The imposition of sales and use taxes on transactions in some states adds yet another layer of complexity. Given the dynamic nature of the crypto currency industry, businesses have to stay on top of recent trends and quickly adapt to tax regulations in order to ensure compliance and avoid risks. businesses operating in this space must remain vigilant and adapt to changes in state tax regulations to ensure compliance and mitigate potential risks.

Decorative Arc

United Makes CLE Easy

A puzzle in a hand

One.

Select Course Package

  • Unlimited CLE

    Enables you to fulfill multiple CLE cycles with one purchase.

  • One-Stop Bundles

    Our most popular courses bundled to save you time and money.

  • Build-A-Bundle

    Select the courses that interest you most while taking advantage of our bundle discount.

A clipboard with a checklist

Two.

Immediate Access to CLE Courses

Courses are available immediately upon checkout. You will have 24/7 access to your purchased courses during the lifetime of your subscription.

Courses can be started, stopped, and paused at any time.

A certificate

Three.

Instantly Print Your Certificate

You can immediately print your CLE certificate upon completion of a course.

A copy of your certificate will remain in your account and will always be accessible to you.

Decorative Arc

Want Different Options?

For a custom suite of courses, our custom CLE option satisfies your CLE cycle requirements in one easy step.

Customize OptionsRight ArrowCustomize Options