U.S. House Democrats’ new proposal applies ‘wash sale’ tax rule to digital assets

By AMB Crypto - 2 years ago - Reading Time: 1 minutes

U.S. House Democrats’ new proposal applies ‘wash sale’ tax rule to digital assets

A proposal released by the U.S. Democratic house yesterday, has potential to raise a large sum of money in taxes, as reported by Bloomberg. The proposal aimed to add commodities, currencies, and digital assets to the “wash-sale” rule. While it could raise up to $16 billion dollars in the next decade if it is passed, […]

Original source: AMB Crypto