2024-07-01
Final crypto tax regs are here! - We commend the IRS for developing more reasonable, rational rules that focus on custodial brokers, like @coinbase. The rules lay out a more practical timeline for implementation, and include a provision to prevent reporting duplication. 1/4
Wall Street Journal
The US finalizes rules requiring custodial crypto platforms to report user transaction info to the IRS; DeFi platforms are exempt amid fierce crypto lobbying
2024-06-30
Final crypto tax regs are here! - We commend the IRS for developing more reasonable, rational rules that focus on custodial brokers, like @coinbase. The rules lay out a more practical timeline for implementation, and include a provision to prevent reporting duplication. 1/4
Wall Street Journal
The US finalizes rules requiring custodial crypto platforms to report user transaction info to the IRS; DeFi platforms are exempt amid fierce crypto lobbying
Treasury finalizes rules to deter crypto tax evasion—but softens them after industry lobbying push
2024-06-29
Final crypto tax regs are here! - We commend the IRS for developing more reasonable, rational rules that focus on custodial brokers, like @coinbase. The rules lay out a more practical timeline for implementation, and include a provision to prevent reporting duplication. 1/4
Reuters
The US Treasury finalizes a rule requiring cryptocurrency brokers to report new information on users' sales and exchanges of digital assets to the IRS
The U.S. Treasury Department finalized a rule on Friday requiring cryptocurrency brokers, including exchanges and payment processors …