Taxation issues around virtual currencies have abounded since the inception of these so called “digital dollars,” such as Bitcoin, Ethereum, and Monero. Though a single Bitcoin may no longer be valued at nearly $20,000 as it was in late 2017, the overall increase in value of many virtual currencies has created an incentive for holders of these virtual currencies to donate amounts of virtual currency to charitable organizations, for the same reasons appreciated property is often donated generally. However, until recently, there was little to no IRS guidance in place for charitable organizations receiving donations of virtual currency.
If you are a smart phone user, you may have wondered why so many new privacy policies have recently rolled out. The reason? The General Data Protection Regulation (“GDPR”) became effective May 25, 2018, and applies to all organizations that handle European Union citizens’ data. Businesses throughout the world, including in the US, are figuring out how to best navigate through what some have called one of the most important corporate compliance events in years, with several controversial provisions. GDPR will substantially increase statutory obligations regarding the processing of personal data placed on data controllers and data processors both inside and outside the European Union. A controller is the entity that determines the purposes, conditions and means of the processing of personal data, while the processor is an entity which processes personal data on behalf of the controller.
Other AALRR Blogs
Recent Posts
- California Appeals Court Increases Creditor Protections, Limits Protections for a Debtor’s Out-Of-State Transfers.
- Government Watchdog Advises Division of U.S. Treasury Department Against Use of GPS Cell Phone Data Without a Warrant
- President Biden’s Administration Halts Department of Labor’s Final Rule for Worker Classification
- PAGA: Here, There, Anywhere?
- Union-Backed Challenge to Proposition 22 Rejected by California Supreme Court
- COVID Class Action Report: Nike Settles Class Action By Providing Retail Employees with Transparent Face Coverings
- California Supreme Court Rings In The New Year With A Blast To Employers’ Past
- Privacy Law Update: New California Privacy Rights Act Further Expands California’s Privacy Law Amid the Evolving Privacy Landscape
- Employment Arbitration Agreements & PAGA — Choose Your Words Carefully
- Ninth Circuit’s Ruling In Frlekin v. Apple, Inc. Is A Cautionary Tale For Employers
Popular Categories
- (19)
- (12)
- (5)
- (4)
- (13)
- (2)
- (1)
- (1)
- (5)
- (4)
- (1)
- (2)
- (1)
- (2)
- (1)
- (3)
- (3)
- (1)
- (1)
- (1)
- (1)
- (1)
- (1)
- (1)
- (1)
- (1)
- (1)
- (1)
Contributors
- Aji N. Abiedu
- Christopher S. Andre
- Cindy Strom Arellano
- Dan J. Bulfer
- Eduardo A. Carvajal
- Danielle C. Cepeda
- Michele L. Collender
- Scott K. Dauscher
- Lauren D. Fierro
- Evan J. Gautier
- Carol A. Gefis
- Amber S. Healy
- Edward C. Ho
- John E. James
- Jonathan Judge
- David Kang
- Joseph K. Lee
- Lana Milojevic, CIPP/US
- Michael J. Morphew
- Shawn M. Ogle
- Jon M. Setoguchi
- Adam P. Snyder
- Ethan G. Solove
- Brian M. Wheeler
- Lisa C. Zaradich