If passed, the plan would raise the capital gains tax rate for "certain high income individuals" to 28.8%, while eliminating the "wash sale" loophole for crypto users.
US lawmakers propose adding digital assets to 'wash sale' rule and raising capital gains tax
If passed, the plan would raise the capital gains tax rate for "certain high income individuals" to 28.8%, while eliminating the "wash sale" loophole for crypto users.
Comment
Recommend Reading
- 2021-09-14
SEC chair doubles down, tells crypto firms 'come in and talk to us'
- 2021-09-14
SEC chair doubles down, tells crypto firms 'come in and talk to us'
- 2021-09-14
Law Decoded: Hodling like a state
- 2021-09-14
El Salvadorâs Bitcoin day: The first of many or a one-off?
- 2021-09-14
El Salvadorâs Bitcoin day: The first of many or a one-off?
- 2021-09-14
Indiaâs Income Tax Department may soon target crypto trades and ecosystem