Share this article
US Is Debating Risk vs. Liability for New Crypto Tax Rules
U.S. Treasury department officials are wrangling with how to focus a coming set of crypto tax rules.
By Danny Nelson
Updated Sep 14, 2021, 10:33 a.m. Published Nov 19, 2020, 8:25 p.m.
Make us preferred on Google
In this article
U.S. Treasury Department officials are weighing the pros and cons of a risk-based approach to cryptocurrency tax reporting versus a model more focused on tax liabilities.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Top considerations are the trade-offs each model would bring to a still-developing set of crypto tax rules, said Erika Nijenhuis, senior counsel at Treasury's office of tax policy. Bloomberg Law first reported the comments.
