Researchers from Indiana College and the College of Maine just lately printed a research inspecting the present state of cryptocurrency tax legal guidelines in the US. The analysis concludes with suggestions for the Inside Income Service (IRS) that, if adopted, would stop taxpayers from weighing crypto losses towards different capital positive factors.
The doc, dubbed merely “Crypto Losses”, search for to outline the totally different types of loss that may be amassed by corporations and people invested in cryptocurrency and proposes a “new tax framework”.
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