Lawmakers led by Republican Mike Carey argue that current IRS rules penalize Lawmakers led by Republican Mike Carey argue that current IRS rules penalize
US lawmakers push to fix staking ‘double taxation’ before 2026
Lawmakers led by Republican Mike Carey argue that current IRS rules penalize stakers with an administrative burden and potentially over-tax unrealized gains.
A group of 18 bipartisan US House lawmakers is pushing the country’s tax agency to review its rules on crypto staking taxes before the start of 2026.
In a letter sent to Internal Revenue Service acting commissioner Scott Bessent on Friday, the lawmakers, led by Republican Mike Carey, asked for a review and update guidance on "burdensome" crypto staking tax laws.
“This letter is simply requesting fair tax treatment for digital assets and ending the double taxation of staking rewards is a big step in the right direction,” Carey said.
Read more
Market Opportunity
Talus Price(US)
$0.01159
$0.01159$0.01159
USD
Talus (US) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
XRP Healthcare® Secures Global Trademark Protection at the Intersection of Healthcare Services and XRP-Powered Payments
Multi-jurisdiction trademark coverage reinforces XRP Healthcare’s position across digital health, pharmacy networks, and XRP-based payment infrastructure DUBAI,
Share
AI Journal2025/12/22 16:30
Remarkable Spot Bitcoin ETFs See $222.7M Inflow Surge, BlackRock Leads
The post Remarkable Spot Bitcoin ETFs See $222.7M Inflow Surge, BlackRock Leads appeared on BitcoinEthereumNews.com. Remarkable Spot Bitcoin ETFs See $222.7M Inflow Surge, BlackRock Leads Skip to content Home Crypto News Remarkable Spot Bitcoin ETFs See $222.7M Inflow Surge, BlackRock Leads Source: https://bitcoinworld.co.in/spot-bitcoin-etfs-inflow-5/
Share
BitcoinEthereumNews2025/09/20 12:33
Hong Kong Institute of Certified Public Accountants: Expected to launch accounting and auditing guidelines for virtual assets in the first half of 2026
PANews reported on September 19th that according to Aastocks, the Hong Kong Institute of Certified Public Accountants responded to Hong Kong Chief Executive John Lee's Policy Address, stating that Hong Kong is implementing diverse measures to boost economic development, with innovation and technology becoming a new driver of growth. As the standard-setter for the accounting profession in Hong Kong, the Hong Kong Institute of Certified Public Accountants is developing appropriate guidelines for accounting and auditing related to virtual assets and related matters, with an expected release in the first half of next year. Furthermore, it proposes implementing measures to complement the existing patent box mechanism, including the introduction of an intellectual property financing sandbox and the promotion of intellectual property transactions, to encourage local innovation and technology activities and enhance Hong Kong's competitiveness in related fields. Further development of the digital asset market is also underway.
Share
PANews2025/09/19 09:50