Missouri Eliminates Capital Gains Tax on Crypto & Stocks: A Bold Tax Reform

Missouri has taken a bold step in tax reform, eliminating capital gains taxes on cryptocurrencies and stocks starting in 2025. The bill, pending the governor’s signature, could significantly impact investor behavior nationwide. Governor Mike Kehoe strongly supports the legislation and anticipates its swift enactment. This change would exempt both individual investors and corporations from state capital gains taxes for cryptocurrency trading and traditional assets like stocks.