Navigating the tax and legal risk associated with DAOs
Decentralized Autonomous Organizations (DAOs) offer a new and seamless way for individuals to connect, collaborate and capitalize on ideas using smart contracts embedded in blockchain. Host Susannah Streeter, welcomes Dennis Post, EY Global Blockchain Tax Leader, Thomas Shea, EY Americas Financial Services Crypto Tax Leader, and Darko Stefanoski, EY Digital Law Leader, Financial Services, to discuss how DAO members can best navigate the tax and legal complexity associated with this novel way of conducting business. EY refers to the global organization, and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. The views of third parties set out in this publication are not necessarily the views of the global EY organization or its member firms. Moreover, they should be seen in the context of the time they were made.