Question
‘It was late February this year. At an Internet auction in America, a graphic artist who called
himself Beeple had reportedly sold an NFT of a naked Donald Trump, covered in graffiti, for
$6.6 million (£4.7 million). Slumped by a sidewalk, looking dead, the naked Donald had the
word LOSER scrawled on his back.’ – The Times, 6 Jun 2021
>>>> What are NFTs? Assess how a company can evade corporate tax using NFTs.
Requirements
APA format; not more than 1,000 words
Times New Roman; 12px; Essay Format.
Includes a good intro “a hook – to capture reader’s attention”.
An outline of the essay under introduction
minimum of 6-8 references from https://scholar.google.com/
can also include other references but pls use google scholar at least.
Guidelines
First paragraph: Interesting Introduction includes a concise statement and a hook (Please refer to the attached “guideline” Slide 4-7) also include an overview of the essay.
Second paragraph: Define What is NFT (Non-fungible token)
Do not link NFT with Cryto-currency
Third Paragraph: One Method to evade tax in the US
– How to pay less tax? What is taxable?
– Company to fake capital loss and invest back.
– Remember NFT is worthless ; and it is hard to lauder money with NFT due to block chain.
– Can create a fake company fake loss and invest back? Probably between 3 countries? from a taxable country to a tax-free country?
Conclusion
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