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Title: [2017-09-07] House Bill Would Offer Tax Exemption for Small Crypto Transactions Post by: Chase on September 10, 2017, 07:15:46 PM House Bill Would Offer Tax Exemption for Small Crypto Transactions For digital currency users in the United States who might want to use their cryptocurrency for real-world commercial transactions, the rules under the existing tax regime are both complex and inexplicable. Those rules can turn even the most minor transactions into reportable capital gains – which is why digital currency users currently need to carefully record their transactions to track any potential tax obligations that may arise. A new bill in the U.S. House of Representatives could help ease that burden. Full brief: https://dcebrief.com/house-bill-would-offer-tax-exemption-for-small-crypto-transactions/ Title: Re: [2017-09-07] House Bill Would Offer Tax Exemption for Small Crypto Transactions Post by: Searing on December 15, 2017, 10:22:33 AM House Bill Would Offer Tax Exemption for Small Crypto Transactions For digital currency users in the United States who might want to use their cryptocurrency for real-world commercial transactions, the rules under the existing tax regime are both complex and inexplicable. Those rules can turn even the most minor transactions into reportable capital gains – which is why digital currency users currently need to carefully record their transactions to track any potential tax obligations that may arise. A new bill in the U.S. House of Representatives could help ease that burden. Full brief: https://dcebrief.com/house-bill-would-offer-tax-exemption-for-small-crypto-transactions/ I'm pretty sure this was yanked out of the 2017 tax bill..... down in the article below on BCH as well...says it was pulled http://fortune.com/2017/11/16/bitcoin-cash-irs/ (http://fortune.com/2017/11/16/bitcoin-cash-irs/) |