United States of America: Introduced Virtual Currency Tax Fairness Act
Description
Introduced Virtual Currency Tax Fairness Act
On 26 July 2022, the Virtual Currency Tax Fairness Act creating tax exemptions for small personal crypto-assets transactions was introduced in the United States Senate. In particular, the Act would introduce a tax exemption for gains derived from th…
Scope
Policy Area
Taxation
Policy Instrument
Taxation, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
legislature
Government Body
parliament