The Importance of Understanding the Law

"There's a few cool people in this industry that are actually trying to do right," says Devin Obeidallah. "We're here before our company, and it's like we're coming together, trying to figure things out together" In Sweden, there is 25% VAT on each of the NFTs you sell; outside of European Union, there shouldn't be a VAT. The U.S. tax authorities were dumbstruck when he suggested paying less than what they wanted for his product.