United States of America: IRS Tax Form Including Digital Assets definition
Progress
Current status
under deliberation
17 Oct 2022 under deliberation
Scope
Implementers
United States of America
Policy Area
Taxation
Policy Instrument
Taxation, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
tax authority
Implementation Level
national
Timeline of events
IRS Releases Draft Tax Form Introducing Digital Assets Category
On 17 October 2022, Internal Revenue Service (IRS) released a draft tax form introducing and defining the new category of digital assets. According to the draft, digital assets represent "any digital representation of value that are recorded on a cr…
Event type
order
Action type
drafting
Government branch
executive
Government body
tax authority