Are cryptocurrency ransom payments tax-deductible?

Dato · 07-05-2021, 05:40 AM

Are cryptocurrency ransom payments tax-deductible?

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvMzBiODExNTAtNThlOS00YTIyLTk1NGYtMGNkNDdlOWZhY2RhLmpwZw==.jpg"></p><p>Any ransom payments made in cryptocurrency are taxed as property rather than currency, so be aware of the U.S. tax implications.</p>

https://cointelegraph.com/news/are-crypt...ctibleKind Regards R

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