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Bitcoin Tax Exemption

NEWS

Rhode Island Reintroduces Bitcoin Tax Exemption Bill for Second Straight Year

Micah Zimmerman -
Rhode Island lawmakers have reintroduced a temporary Bitcoin tax exemption bill that would eliminate state income and capital gains taxes on small Bitcoin transactions — up to $20,000 annually.
NEWS

Congressman Warren Davidson Introduces Bitcoin For America Act, Proposes Federal Tax Free Payments in Bitcoin

Micah Zimmerman -
Rep. Warren Davidson introduced the Bitcoin For America Act today, letting Americans pay taxes in Bitcoin to fund a Strategic Bitcoin Reserve.
NEWS

White House Confirms President Trump’s Support For Bitcoin Tax Exemption

Jenna Montgomery -
The Trump administration is actively exploring a de minimis tax exemption for Bitcoin transactions to eliminate barriers to everyday Bitcoin and crypto use, White...
LEGAL

U.S. Senators Introduce Bill For Tax Exemption On Small Bitcoin Transactions

Shawn Amick -
The bill would provide tax exemption on bitcoin transactions for less than $50 or trades netting a gain of less than $50.
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