1/ Why is consequential tax policy being made in a rushed infrastructure bill? Here's the answer. IRS already has authority to require reporting and it had plans in place to issue new rules on crypto. But someone wanted to count the revenue from that in the infrastructure bill.
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Replying to @jerrybrito
This new law, if passed, in tandem with FATCA compliance would be a global disaster for crypto. Perhaps it began as an accident, but now that they see the consequence…maybe it won’t be

12:35 PM · Aug 6, 2021

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