According to crypto journalist Eleanor Terrett, the U.S. House Committee on Ways and Means is circulating seven draft proposals on digital asset taxation, covering topics such as stablecoin transactions, mining and staking, crypto lending, wash sale rules, charitable donations, and voluntary tax disclosure programs. The drafts split previous proposals like the Digital Asset PARITY Act into separate bills and are expected to be discussed at next Tuesday’s crypto tax hearing. https://t.co/NaUDCdlBJv
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.