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Pre-qualification and categorisation of block rewards of cryptocurrency consensus mechanisms in Swiss tax law

Marcel R Jung of MLL Legal analyses the perspectives of two Swiss federal governmental bodies – along with several academic and legal sources – on the taxation of rewards earned by blockchain trans-action validators.

United statesMirjam eggenAvi yonah salaimiReutlinger kaiserOmri marianSebastian gobatCrone kessler angstmannJoshua jarrettAbraham sutherlandTax administrationYork state bar association see report noFederal tax administrationFederal departmentSwiss tax conferenceNew york state bar association

Crypto tax reporting rule could turn unwitting investors into felons

The requirement, buried in the $1 trillion infrastructure law passed last year, mirrors one for brokerages and has flown under the radar.

United statesAbraham sutherlandRic edelmanRevenue serviceFidelity investmentsCoin centerUniversity of virginia school lawDigital assets council of financial professionalsInternal revenue serviceSocial securityDigital assets councilFinancial professionalsThree arrow capitalInternal revenue codeVirginia schoolInfrastructure investment

Crypto tax reporting rule could turn unwitting investors into felons

The requirement, buried in the $1 trillion infrastructure law passed last year, mirrors one for brokerages and has flown under the radar.

United statesAbraham sutherlandRic edelmanRevenue serviceFidelity investmentsCoin centerUniversity of virginia school lawDigital assets council of financial professionalsInternal revenue serviceSocial securityDigital assets councilFinancial professionalsThree arrow capitalInternal revenue codeVirginia schoolInfrastructure investment

IRS Waves White Flag in Lawsuit Over Taxability of Cryptocurrency Staking Rewards

/PRNewswire/ Today, the Proof of Stake Alliance (POSA), a leading blockchain industry association, celebrated important news: as part of ongoing federal.

United statesJoshua jarrettAbraham sutherlandEvan weissJackie zupsicAlison mangieroTreasury departmentProof of stake allianceMembers of congressBlockchain associationCoin centerStake allianceBison trailsCapitol hillBoard memberExecutive director

IRS Waves White Flag in Lawsuit Over Taxability of Cryptocurrency Staking Rewards

/PRNewswire/ Today, the Proof of Stake Alliance (POSA), a leading blockchain industry association, celebrated important news: as part of ongoing federal.

United statesJoshua jarrettAbraham sutherlandEvan weissJackie zupsicAlison mangieroTreasury departmentProof of stake allianceMembers of congressBlockchain associationCoin centerStake allianceBison trailsCapitol hillBoard memberExecutive director

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