Coinnounce
2020-08-07 08:35:48

The US congressional lawmakers call for a change in policy for taxing digital currency staking rewards.

In a letter to IRS Commissioner Charles Rettig, US congressional lawmakers David Schweikert, Bill Foster, Tom Emmer, and Darren Soto set out how current policy is holding back progress in the sector. The Representatives explained how taxing staking rewards as income could lead to excessive tax burdens, the lawmakers urged for an alternative approach that supports and […]

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