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Non-fungible tokens (NFTs), which can be used as a medium for art, music, video clips, trading cards, and other collectibles have recently become hot investments. Although no state tax agency has specifically announced that NFTs are subject to sales and use tax yet, some states already have the statutory framework in place to impose their sales tax on NFTs. Furthermore, selling NFTs to a buyer in a different state could result in a state income tax filing requirement. This GT Alert contains some questions and answers to address the state tax issues of NFTs so that sellers and investors might be aware of the potential state tax consequences:
03 May 2021, 10:05 pm
Sony has officially secured Discord for PlayStation game chat and video streaming with friends, connections, channels, or groups in 2022 after coming towards a deal and investment towards the VoIP platform. Discord remains as its own company and continues its operations under the hands of the original team of CEO and Founder, Jason Citron.
(Photo : Alex Pantling/Getty Images) A detailed view of a PS4 controller as players practice during day one of the 2019 ePremier League Finals at Gfinity Arena on March 28, 2019 in London, England.
Instead of going with the Redmond-based giant in a supposed merger with Microsoft, Discord has gone with Sony s PlayStation in a partnership deal to promote gaming and connections via the platform. Instead of a transition to selling Discord, its partnership with Sony keeps the companies to themselves but having close ties to promote each other s businesses.
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Fraud warning as scammers use bank phone numbers to fleece victims
Criminals increasingly able to ‘spoof’ legitimate phone numbers in order to dupe people in handing over financial details, says Ofcom
2 May 2021 • 5:28pm
Scammers have learned how to impersonate banks by using their phone numbers to call victims, Ofcom has warned.
Huw Saunders, the regulator’s head of telecoms technology, said people should not rely on caller ID to be sure they were dealing with legitimate organisations on the phone.
His comments come as the pandemic has seen a rise in “phishing” scams in which criminals pose as legitimate organisations to dupe victims into handing over their financial details. Often these scams come in the form of emails or text messages purporting to be banks or government bodies such as HMRC.