US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule – Taxes Bitcoin News

A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies are treated as...

The State Should Leech Off Bitcoin Ban

I think at the end of the day if it’s really successful, they will kill it and they will try to kill it. And...

IRS, Janet Yellen Press Lawmakers to Push ‘Tax Compliance Agenda’ — Banks to Report Deposits, Withdrawals of $600 – Taxes Bitcoin News

On Wednesday, U.S. Internal Revenue Service (IRS) commissioner Charles Rettig and Janet Yellen, the Treasury secretary, urged lawmakers to give the IRS permission to...

El Salvador to Exempt Foreigner Investors from Tax on Bitcoin Price Gains

Foreign investors will not be required to pay taxes on profits from Bitcoin, a government adviser told the AFP this week.Javier Argueta, legal adviser...

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