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by: xpoolPosted on: May 14, 2025

US Senators Urge Treasury to Clarify Crypto Tax Provisions

Two US Senators, Cynthia Lummis and Bernie Moreno, have written to Treasury Secretary Scott Bessent urging revisions to a tax provision impacting corporate digital asset holdings. This action stems from the Inflation Reduction Act and aims to ensure clarity around unrealized gains in crypto assets to prevent market disruptions.

Related posts:

  1. US Senators Demand Clarity on Crypto Tax Rules, Seeking to Avoid Market Volatility
  2. US Lawmakers Seek Crypto Tax Relief, State Regulators Take Different Approaches
  3. US Senators Push for Changes in Crypto Taxation
  4. SWIFT Bolsters Crypto Oversight as Russia and China Seek Sanctions Loopholes
Cryptocurrency Finance Taxation

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