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dbtaxsolutions
Level 6
December 19, 2020
Question

Virtual Smart Contracts

  • December 19, 2020
  • 2 replies
  • 9 views

How do you treat a virtual smart contracts use in earning virtual currency? My guess would be as Intangible asset? What would be the industry norm for expensing the amount (threshold) as the contracts are lifetime really. Thanks for any info.

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2 replies

sjrcpa
sjrcpa
Level 15
December 19, 2020

If you have anything new to add, do it on your original post.

Forsage partners own smart contracts and by referr... - Intuit Accountants Community

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