The IRS’ latest cryptocurrency tax guidance shows it still doesn’t get it


Consider when Bitcoin SV was … value if the asset isn’t even trading at the time of fork?https://t.co/jJ5SdXU72i pic.twitter.com/SpTOIOKqg0 As Coin Center points out, most of this chaos appears to result from the fact the IRS perceives a taxable event when a holder has control and “dominion” over a cryptocurrency, rather than when they …Consider when Bitcoin SV was … value if the asset isn’t even trading at the time of fork?https://t.co/jJ5SdXU72i pic.twitter.com/SpTOIOKqg0 As Coin Center points out, most of this chaos appears to result from the fact the IRS perceives a taxable event when a holder has control and “dominion” over a cryptocurrency, rather than when they …Read More

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