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ZyCrypto 2021-08-01 14:51:06

US Government Looks to Increase Revenue By $30 Billion Via Cryptocurrency Taxes

The US government is looking to raise revenue through cryptocurrencies taxation. A new bipartisan $1.2 trillion infrastructure bill in Congress intends to raise an estimated $28 billion from cryptocurrency tax enforcement measures as one of its financing mechanisms. The tax enforcement action will see the IRS requiring digital assets affiliated entities to report any transactions […]

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