Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on November 15, 2019, 01:00:24 PM

Title: IRS: Like-Kind Tax Exemption Has Never Applied to Crypto Transactions
Post by: newshunter on November 15, 2019, 01:00:24 PM
IRS: Like-Kind Tax Exemption Has Never Applied to Crypto Transactions

U.S. taxpayers have never been authorized to postpone paying tax using the like-kind exchange principle, an IRS official says


Source: IRS: Like-Kind Tax Exemption Has Never Applied to Crypto Transactions (https://cointelegraph.com/news/irs-like-kind-tax-exemption-has-never-applied-to-crypto-transactions)

Would appreciate your opinion about this