BREAKING: White House confirms support for minor changes to crypto tax proposal
Cointelegraph
Published Aug 05, 2021 11:51PM ET
Updated Aug 07, 2021 02:00AM ET
The White House formally backed the last-minute amendment to the infrastructure deal in a late Thursday statement “to clarify the measure to reduce tax evasion in the cryptocurrency market.”
The statement by White House deputy press secretary Andrew Bates says that “the Administration believes this provision will strengthen tax compliance in this emerging area of finance and ensure that high income taxpayers are contributing what they owe under the law.” He continued:
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Written By: Cointelegraph
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