Virtual Currency Tax 5 Fairness Act - US Senate bipartisan bill - Bitcoin transactions under $50 tax free
nandibear.com
by Luke Nandibear
July 27, 2022
Excerpt:
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The bill was introduced by US Senator Pat Toomey (R-PA) to make bitcoin transactions tax free when the Bitcoin market price of the transaction is $50 or less. This applies also to trades which net a capital gain of less than $50.
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Read entire article: https://www.nandibear.com/virtual-currency-tax-5-fairness-act-us-senate-bipartisan-bill-bitcoin-btc-bch-transactions-under-50-dollars-tax-free
About the author: https://nandibear.com/about/luke-nandibear
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