NFTs and decentralized finance (DeFi) have created groundbreaking opportunities—and complex tax consequences. At Borderless Lawyers, we guide artists, collectors, investors, and Web3 builders through the evolving landscape of NFT and DeFi tax treatment, helping you stay compliant while protecting your digital wealth.
✅ What We Cover in NFT & DeFi Tax Advisory
🎨 NFT Transactions & Taxation
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Tax classification of NFT creation (minting), sales, and resales
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Income recognition for NFT creators and artists
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Tax treatment for collectible NFTs vs. utility tokens
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Jurisdiction-specific rules for capital gains on NFT trades (e.g., U.S., UK, EU)
🌐 DeFi Income & Capital Events
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Taxation of interest, yield farming, and liquidity pool rewards
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Reporting of token swaps, bridging, and smart contract interactions
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Clarification of taxable events in lending/borrowing protocols
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Handling synthetic assets and wrapped tokens (e.g., wBTC, stETH)
🛠 Complex Web3 Activities
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Tax treatment of DAO participation and governance token rewards
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Gas fees, slippage, and transaction cost deductions
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Legal analysis of staking vs. airdrops vs. vesting schedules
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Managing losses from rug pulls or failed protocols
📄 Global & Cross-Border Compliance
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Country-by-country breakdown of NFT and DeFi reporting rules
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Filing strategies for income and gains earned across decentralized platforms
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Coordinating reporting across wallets, dApps, and exchanges
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Compliance with FATCA, CRS, FBAR, and digital asset declarations
🛠 How We Work
🧾 1. Transaction Analysis
We review your wallet activity, smart contracts, and platform usage.
⚖️ 2. Tax Positioning
We determine what’s taxable, when, and under which jurisdiction’s rules.
📄 3. Reporting & Filing
We help you properly report NFT and DeFi transactions on tax returns.
🔐 4. Ongoing Advisory
We provide year-round guidance for collectors, creators, and DeFi builders.
👥 Who We Help
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NFT creators, marketplaces, and collectors
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DeFi yield farmers, stakers, and liquidity providers
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DAO contributors and tokenized protocol teams
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International accountants and tax advisors working with crypto clients
✅ Why Borderless Lawyers?
⚖️ Legal-first approach to tax treatment for Web3 income and assets
🌍 Cross-border experience with NFT and DeFi compliance globally
🧠 Up-to-date on IRS, HMRC, and EU crypto taxation updates
🔐 Secure and confidential service for high-value digital portfolios
📞 Get Ahead of NFT & DeFi Tax Risk
From minting to multisigs, we help you clarify your tax position and avoid future regulatory issues. Borderless Lawyers offers NFT and DeFi tax guidance built for today—and tomorrow.