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The Daily Hodl 2022-07-27 19:55:27

New Bipartisan US Senate Bill Seeks To Exclude Small Crypto Transactions From Taxation

Republican Senator Pat Toomey of Pennsylvania and Democrat Senator Kyrsten Sinema of Arizona are proposing a new law that would exempt small personal crypto transactions from taxation. Under the current system, people who use digital assets to pay for goods and services owe capital gains taxes when the value of the coin increases. The Virtual […]The post New Bipartisan US Senate Bill Seeks To Exclude Small Crypto Transactions From Taxation appeared first on The Daily Hodl.

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