Description

Rejected Virtual Currency Tax Fairness Act

On 3 January 2023, the Virtual Currency Tax Fairness Act was rejected after failing to pass before the 117th Congress adjourns.

Original source

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

Complete timeline of this policy change

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2022-07-26
under deliberation

On 26 July 2022, the Virtual Currency Tax Fairness Act creating tax exemptions for small personal c…

2023-01-03
rejected

On 3 January 2023, the Virtual Currency Tax Fairness Act was rejected after failing to pass before …