Open Source Software and Virtual Currency: Exempt Organizations Issues in the Digital World

At the ABA Section of Taxation 2015 Midyear Meeting that took place on January 30, 2015, in Houston, Texas, DWT payments team member David Lawson, along with Michael Durham from Caplin & Drysdale, Chartered and Ingrid Mittermaier from Adler & Colvin, presented on the topic of Open Source Software and Virtual Currency: Exempt Organizations Issues in the Digital World. The presentation covered topics including:

• What Is Virtual Currency?
• IRS Approach to Virtual Currency
• Contributions of Virtual Currency to Exempt Organizations
• Virtual Currency Activities as Exempt-Purpose Activities

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