The IRS Should Be Encouraging Staking Activity in the U.S.
“The IRS has failed to provide taxpayers with clarity about the correct tax treatment of various crypto-related transactions, notably for those who earn token rewards from staking on proof of stake blockchains. Stephen Turanchik of Paul Hastings says it’s time for the U.S. to treat proof of stake fairly for the sake of American innovation.”
Read the entire original article here.
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