tax policy


Policy

Crypto Tax Proposal Open for Revision, IRS Officials' Questions Suggest

Federal officials heard Monday from the industry on the mayhem the U.S. crypto tax proposal could cause, but the most valuable revelations may have been what they asked about.

Marisa Coppel, senior counsel at the Blockchain Association, advised Internal Revenue Service officials to narrow their crypto tax proposal. (Courtesy of the Blockchain Association)

Videos

India’s Crypto Exchanges ‘Inspected’ by Tax Agencies

CoinDesk Managing Editor for Global Policy & Regulation Nikhilesh De discusses an article by CoinDesk’s India-based Amitoj Singh, explaining why Indian tax agencies are pursuing five crypto exchanges for over Rs 84 crore ($11 million) in additional taxes. Plus, De draws comparisons between Indian and American tax policy.

Recent Videos

Markets

With Crypto Tax Rules, Conservatives Chose Tax Cheats Over Free Enterprise

One reason broken crypto rules passed the Senate today is that Republicans rejected another revenue source: the rich paying their fair share.

Sen. Richard Shelby (R-Ala.)

Markets

The US Senate Goes to War Over Crypto Taxation

With two competing amendments and pressure from the White House and Treasury, crypto taxation is suddenly the crux of the massive infrastructure bill.

Sen. Cynthia Lummis of Wyoming

Markets

Inspector General: IRS Needs to Overhaul Bitcoin Tax Strategy

The US Internal Revenue Service needs to overhaul its strategy for bitcoin, an agency watchdog warned in a report published today.

irs

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