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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (189379)	7/2/2022 8:15:44 AM
From: TobagoJack	Read Replies (6) \| Respond to of 217948

Maybe this is why crypto has been tanking. Those who know it was put in the legislation front ran everyone else.... taxprof.typepad.com Congress Takes Its War On Cash To Digital Assets: Understanding Tax Code Section 6050I SNIP: This essay is about section 6050I of the tax code, the 1984 federal law that helped make cash obsolete. It’s important because the same law is now being aimed at digital assets, through an amendment to section 6050I that was signed into law on November 15. The new law subjects digital assets to the same reporting requirements as physical currency. The amendment, a mere eight words long, appeared on page 2,422 of the trillion-dollar Infrastructure Investment and Jobs Act.