Uber and DoorDash are pressing GOP lawmakers to include independent contractors who drive rideshare vehicles and deliver food in Trump's no-tax-on-tips proposal
Richard Rubin / Wall Street Journal : Bluesky: @kevinkleinpdx . LinkedIn: Max Rettig Bluesky: Kevin Klein / @kevinkleinpdx : This is incredibly stupid policy, but I am torn. This will have the effec...
The US Treasury proposes new rules that would treat crypto exchanges more like stockbrokers, requiring them to report gross proceeds to the IRS starting in 2026
including DAOs and certain wallet providers—or to create them... Richard Rubin / @richardrubindc : One could be cynical/clever and note the incentive for Congress to purport to raise revenue by enacti...
The US Treasury proposes new rules that would treat crypto exchanges more like stockbrokers, requiring them to report gross proceeds to the IRS starting in 2026
including DAOs and certain wallet providers—or to create them... Emily Wilkins / @emrwilkins : US Treasury and IRS out with a new proposed rule today on taxing crypto and digital assets. Would require...
The IRS says it inadvertently posted confidential information involving ~120,000 individuals on its website before discovering the error and removing the data
Richard Rubin / Wall Street Journal :
Ireland, where most US tech companies have their European HQ, says it will join the global agreement to set a minimum rate of 15% for taxing corporate profits
ending Ireland's 1-2% effective tax rate for some companies https://www.theguardian.com/ ... Cate Long / @cate_long : “Ireland, a low-tax country that is European headquarters to some of the largest U...
Bernie Sanders introduces a bill that would tax stock options at vesting, not at exercise, for those making $130K+ and vesting $100K+ worth of stock per year
would tax options at vest, rather than at exercise. Many employees would be unable to pay — forcing them either to give up options or take out loans. https://www.wsj.com/... Liz Wessel / @lizwessel : ...