Events listed in Infrastructure Investment and Jobs Act
U.S. Department of the Treasury, IRS Release Proposed Regulations on Sales and ...
ID 24730
On August 25, 2023, the Internal Revenue Service (IRS) and the U.S. Department of the Treasury (USDT) jointly announced an upcoming consultation on a set of proposed regulations to define how digital asset transactions are to be treated for tax purposes. The proposed regulations thereby address two primary aspects of digital asset taxation: information reporting requirements and the determination of essential financial components, including ...