Token Taxonomy Act Includes De Minimis Tax Exemption for Crypto

A de minimis tax exemption within the new Token Taxonomy Act implies that capital gains on crypto under $600 will not have to become reported towards the IRS

Original source: https://cointelegraph.com/news/token-taxonomy-act-includes-de-minimis-tax-exemption-for-crypto

Leave a Reply

Your email address will not be published. Required fields are marked *