The obligation to report crypte transactions to the IRS takes effect on 1 January 2024 for transactions after 1 January 2023. Among many measures in various sectors, section 80603 of the act includes reporting obligations to the Internal Revenue Se…
SourceOn 23 December 2022, the US Treasury Department and the Internal Revenue Service announced that brokers will not be required to file reports regarding digital assets until final regulations are issued under sections 6045 and 6045A of the Infrastruct…
SourceOn 15 November 2021, President Biden signed the Infrastructure Investment and Jobs Act into law. Among many measures in various sectors, section 80603 of the act includes reporting obligations to the Internal Revenue Service (1) for businesses for …
SourceOn 5 November 2021, the US House of Representatives agreed to the amendments made by the US Senate to the INVEST in America Act H.R. 3684, renamed as Infrastructure Investment and Jobs Act. The bill is thus passed by both chambers and awaits the pre…
SourceThe INVEST in America Act H.R. 3684 was passed by the US Senate and because of amendments sent back to the House of Representatives. Among many measures in various sectors, section 80603 of the act includes reporting obligations to the Internal Reve…
SourceThe INVEST in America Act H.R. 3684, renamed as Infrastructure Investment and Jobs Act, was passed by the US House of Representatives, with the approval of the Senate amendments.
SourceThe INVEST in America Act H.R. 3684 was amended by the US Senate. Among many measures in various sectors, the newly added section 80603 of the act includes reporting obligations to the Internal Revenue Service (1) for businesses for transactions in …
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