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US House Crypto Tax Bill Spares Fees Under $10, but Not Heavy Traders

House Ways and Means Chair Jason Smith unveiled a 114-page crypto tax bill on Monday night that would stop taxing network fees under $10, setting up a committee markup on Wednesday, Sept. 16. What the Bill Actually Changes Bloomberg Government reported that Smith, a Missouri Republican, released the text on Monday night and that it…

US House Crypto Tax BillHouse Ways and Means Chair Jason Smith unveiled a 114-page crypto tax bill on Monday night that would stop taxing network fees under $10, setting up a committee markup on Wednesday, Sept. 16. What the Bill Actually Changes Bloomberg Government reported that Smith, a Missouri Republican, released the text on Monday night and that it […]

Source: https://news.bitcoin.com/crypto-news/house-crypto-tax-bill-10-dollar-fees-wash-sale-markup/