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New Bill: Tax-free Bitcoin Transactions Under $50 | Bitcoin News
2 years ago
67
P & Q discuss the new bipartisan bill proposed by senators Patrick Toomey and Kyrsten Sinema. The Cryptocurrency Tax Fairness Act would exempt reporting crypto transactions of less than $50, or trades in which a person earns less than $50. Is this update to the tax code too little too late?
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#bitcoin #news #senate #congress #bill #taxes #transactions #btc #crypto #crytonews #bitcoinnews #cryptocurrencies #patricktoomey #kyrstensinema
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