'Third leg of the stool:' House lawmakers set to debate crypto tax bills as questions still loom
'Third leg of the stool:' House lawmakers set to debate crypto tax bills as questions still loom
Since last week, seven crypto tax bills have been introduced by Republican lawmakers in the tax committee.One bill sets tax limits on smaller crypto transactions, another defers taxation for mining and staking until the assets are sold, and a separate bill extends wash sale rules to cryptocurrencies.The hearing could forecast Democratic support and messaging, sources told The Block.