Six senators urge Treasury Secretary to clarify definition of broker in infrastructure law before 2022

Six senators urge Treasury Secretary to clarify definition of broker in infrastructure law before 2022
фото показано с : cointelegraph.com

2021-12-17 03:15

According to the U.S. lawmakers, the infrastructure law contains an “overly-broad interpretation” of what a broker is and places the reporting burden on individuals who may not have the necessary information to comply.

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broker infrastructure law individuals places reporting burden

broker infrastructure → Результатов: 18


US Senators Introduce Legislation to Limit ‘Broker’ Definition in Infrastructure Bill Signed by President Biden

On Monday, President Joe Biden signed the $1 trillion infrastructure bill that contains the controversial over-reaching cryptocurrency tax definition. The bill-signing ceremony was held on the White House South Lawn, where members of both parties came as a bipartisan show of support for the new legislation.

2021-11-17 19:31


Infrastructure Bill’s Overlooked “Digital Assets” Tax Provision is a Disaster and an Attack on Privacy

The trillion-dollar infrastructure bill passed by the Senate and now pending in the House that has an overreaching definition of ‘broker’ also contains an overlooked “digital assets” provision. If this bill becomes law, that would be a disaster, said Abraham Sutherland, an adjunct professor at the University of Virginia School of Law and an adviser […] The post Infrastructure Bill’s Overlooked “Digital Assets” Tax Provision is a Disaster and an Attack on Privacy first appeared on BitcoinExchangeGuide.

2021-9-19 16:33


US Treasury to Ease Crypto Concerns by Clarifying A ‘Broker’ Doesn’t Include Those Without Transaction Data: Report

The US Treasury Department is set to clarify what exactly entails “broker” for the purpose of reporting to the Internal Revenue Service after the crypto tax provision of the controversial $1 trillion bipartisan infrastructure bill was passed in its original form that overreaches to cover miners, developers, stakers, and validators to report information on clients […] The post US Treasury to Ease Crypto Concerns by Clarifying A ‘Broker’ Doesn’t Include Those Without Transaction Data: Report first appeared on BitcoinExchangeGuide.

2021-8-14 16:44


Фото:

В Палате представителей США предложили внести поправки по криптовалютам в инфраструктурный план

Член Палаты представителей США Анна Эшу в открытом письме попросила спикера Нэнси Пелоси внести поправки в положения о налогообложении криптовалют в инфраструктурном законопроекте. Today I urged Speaker Pelosi to amend the cryptocurrency broker language in the Senate’s infrastructure bill.

2021-8-14 10:36


Blockstream’s Liquid Federation Adds New Members; 59 Crypto Companies In The Network

Blockstream has expanded the membership of its federated Bitcoin sidechain to 59 members by adding 6 members. The members include fintech-focused broker Watchdog Capital, Bitcoin-native financial service provider Vulpem Ventures, Liquid swap infrastructure provider SideSwap, Infrastructural privacy developer Nym Technologies, digital asset custody firm Komainu, as well as Bitcoin wallet app Coinos.

2021-1-13 05:47


Фото:

New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders

International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts.

2018-11-13 00:43