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