US lawmakers push to amend encryption stake tax law

ChainCatcher news, according to Cointelegraph, 18 bipartisan lawmakers in the U.S. sent a joint letter to the IRS urging changes to the encryption stake “double taxation” rules before 2026, suggesting that taxes be levied only upon sale rather than being immediately taxed upon receiving rewards. Lawmaker Mike Carey stated that this move aims to provide a fair tax treatment for digital assets and support the U.S. leadership in Blockchain innovation.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)