US Is Debating Risk vs. Liability for New Crypto Tax Rules

US Is Debating Risk vs. Liability for New Crypto Tax Rules


[social-share align="stretched" style="button" size="m" template="6" animation="no" counters="yes" counter_pos="hidden" total_counter_pos="leftbig" buttons="facebook,twitter,parlerbutton,mail"]

U.S. Treasury Department officials are weighing the pros and cons of a risk-based approach to cryptocurrency tax reporting versus a model more focused on tax liabilities.

Top considerations are the trade-offs each model would bring to a still-developing set of crypto tax rules, said Erika Nijenhuis, senior counsel at Treasury’s office of tax policy. Bloomberg Law first reported the comments.

Continue reading

[social-share align="stretched" style="button" size="m" template="6" animation="no" counters="yes" counter_pos="hidden" total_counter_pos="leftbig" buttons="facebook,twitter,parlerbutton,mail"]
You Might Like

Do NOT follow this link or you will be banned from the site!