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Maxwell Holleman

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Maxwell Holleman is an associate in Baker McKenzie's Tax Practice Group.
Prior to joining Baker McKenzie, Maxwell was a law clerk at Howell, Buchan & Strong. In this role, he supported litigation efforts by preparing deposition and mediation folders and drafting legal memoranda, complaints, answers, discovery requests and responses, and motions for summary judgment. Maxwell externed with Magistrate Judge Martin Fitzpatrick at the Northern District of Florida Tallahassee Division in 2023. He has also worked for Morgan & Morgan and Crary Buchanan as a law clerk during his time in law school.
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United States: White House publishes plan for the taxation of cryptocurrencies and other digital assets

by , and 1 Min Read

Earlier this summer, the US Administration’s Working Group on Digital Asset Markets published a report, entitled Strengthening American Leadership in Digital Financial Technology. The Report contains recommendations for revising existing legislation and IRS guidance regarding trusts engaged in cryptocurrency staking, Code provisions that may deny recognition of gains or losses by active securities traders, and reporting requirements for participants in digital asset transactions and for the exchanges that facilitate such activities