I define the sharing economy broadly as including both sharing assets and one’s time. Four characteristics:
- Monetizing unused time and assets.
- Using technology to match those with resources to those willing to pay for them.
- Providing assets where temporary need exists (such as bike share).
- Operating in the broadest space possible (including digital services provided to a global marketplace).
The tax issues are often answerable once the facts are pinned down.
For some background including how to get the facts pinned down, please check out: