Inventors and Coders Beware: What was Once Capital Gain is Now Ordinary Income
The headlines for the 2017 tax reform focused on the reduction in the corporate tax rate and the new passthrough tax deduction. But the tax reform wasn’t only about decreasing taxes: it increased some tax rates. For example, certain self-generated intangible assets are now treated as ordinary assets taxed at…
Belcher, Smolen & Van Loo Represents Cipher Browser in Acquisition by Coinbase
Belcher, Smolen & Van Loo LLP represented Cipher Browser in its acquisition by Coinbase, as reported by Coinbase on April 13. Cipher Browser is a decentralized app browser and wallet for the Ethereum blockchain, while Coinbase is a leading cryptocurrency exchange. Following the acquisition, Coinbase will integrate Cipher Browser into its own…
