Recently Glenn L. Friedman, CPA, CGMA, CEO of Prager Metis, was quoted in CPA Practice Advisor’s article “States Looking at Taxing the Metaverse, But What is It?”. The article talks about how sales transactions are presumed taxable in states with a sales tax. Many states currently don’t tax transactions occurring in virtual worlds, and most states haven’t yet clarified which sales tax laws apply to sales made in the metaverse. Click here to read the full article and find out how we can help make Your World. Worth More.
States Look At Taxing The Metaverse, But What Is It?
Advisory | | Feb 03, 2022