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US Lawmakers Introduce Bill for IRS to Review Crypto Tax
A bipartisan group of U.S. lawmakers has introduced the PARITY Act in the House, directing the Treasury to report on how small crypto transactions could be made tax-exempt.
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coindesk.com
Latest Congressional swing at crypto tax reform would direct IRS to review de minimis exemptions
The newest version of the Parity Act updates language around payment stablecoins and directs the IRS to report on how a de minimis exemption might work.
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cointelegraph.com
US Lawmakers Introduce Bill for IRS to Review Crypto Tax
A bipartisan group of U.S. lawmakers has introduced the PARITY Act in the House, directing the Treasury to report on how small crypto transactions could be made tax-exempt.