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SEP 2 7 2019BakerHostetlerLTBaker & Hosteler LLP 11601 Wilshire Boulevard Suite 1400 Los Angeles, CA 900250509T 310.820.8800 F 310.820 .8859 www.bakerlaw.comSeptember 26, 2019M. Scott Killer direct
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What is digital assets and data?
Digital assets and data refer to any form of data or information that can be stored digitally and has value, such as cryptocurrencies, digital files, and online accounts.
Who is required to file digital assets and data?
Individuals and entities that hold digital assets and data, such as cryptocurrency wallets, online accounts, or any relevant digital holdings, are typically required to file.
How to fill out digital assets and data?
To fill out digital assets and data, you need to report the type, value, and details of your digital holdings as per the specific filing requirements laid out by the respective regulatory authority.
What is the purpose of digital assets and data?
The purpose of reporting digital assets and data is to ensure transparency, comply with regulatory requirements, and assess the value of these assets for taxation or legal purposes.
What information must be reported on digital assets and data?
The information to be reported typically includes the type of digital asset, its fair market value, acquisition date, and any transactions conducted during the reporting period.
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