United States of America: Joint Resolution to disapprove IRS Digital Asset Reporting Rule (HJR 25) was passed by House of Representatives

Description

Joint Resolution to disapprove IRS Digital Asset Reporting Rule (HJR 25) was passed by House of Representatives

On 11 March 2025, the Joint Resolution to disapprove the Internal Revenue Service (IRS) Digital Asset Reporting Rule (HJR 25) was passed by the House of Representatives. The IRS rule, published on 30 December 2024, extends reporting requirements to …

Scope

Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), DLT development
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2025-01-21
under deliberation

On 21 January 2025, the Joint Resolution to disapprove the Internal Revenue Service (IRS) Digital A…

2025-03-11
under deliberation

On 11 March 2025, the Joint Resolution to disapprove the Internal Revenue Service (IRS) Digital Ass…