UF Law expert available to discuss bitcoin conundrum

Contact:
Omri Marian, Assistant Professor of Law, University of Florida Levin College of Law
734-239-5936 or marian@law.ufl.edu

GAINESVILLE, Fla. – In her annual report to Congress released yesterday, National Taxpayer Advocate Nina E. Olson identified the lack of guidance on the taxation of bitcoin as one of the “Most Serious Problems” facing the IRS. Use of the unregulated digital currency continues to grow while those who wish to be tax-compliant have no guidelines on how to appropriately report or handle bitcoin.

The issue has recently been highlighted in the media, notably in a December Wall Street Journal article, “How Will the IRS Tax Bitcoin?” which features comments from UF Law Professor Omri Marian. Marian is an international tax scholar who stands at the forefront of analyzing the future of bitcoin and other cryptocurrencies. His Michigan Law Review paper, “Are Cryptocurrencies ‘Super’ Tax Havens?” gained national attention and has positioned him as a leading expert on the topic.

Marian is available to address questions on bitcoin and its problematic status with the IRS.

Published: January 10th, 2014

Category: Media Alert, News