Does sales and use tax apply to cryptocurrency?
Good afternoon, I was wondering if I could clarify something about cryptocurrency taxation. Specifically, I'm curious to know whether sales and use tax applies to transactions involving cryptocurrency. As the use of digital currencies continues to grow, it's becoming increasingly important to understand the tax implications of these transactions. Could you provide some insight into how sales and use tax may or may not apply to cryptocurrency, and what factors could influence this determination? Thank you for your time and consideration.