American Bar di IRS: Creare Safe Harbor per hard-Forked Cryptos

USI Tech semplice investimento bitcoin passiva

L'Internal Revenue Service (IRS) ha bisogno di stabilire le linee guida su come gli americani possono segnalare i guadagni da cryptocurrencies duramente biforcuta, l'American Bar Association Sezione di tassazione ha detto Martedì.

Section Chair Karen Hawkins wrote a letter rilevando che “several important developments in the cryptocurrency economy have taken placesince the IRS previously issued guidance on the federal income tax treatment of cryptocurrencies in 2014.

In particolare, Hawkins notes a lack of clarity as to how to address coins derived from hard forks, or instances where a blockchain software splits into competing versions. The letter advises the IRS to provide guidancethat offers a temporary rule, in the form a porto sicurofor affected taxpayers.

Hawkins wrote that such guidance would mean that taxpayers who owned coins created by hard forks in 2017 would be treated as having received the coin from a taxable event. però, the coin would have a value of $0 at the time of the fork.

Under these provisions, the holding period of the forked coin would start at the time of the hard fork. Such guidance would allow taxpayers opting to follow the safe-harbor guidance to be safe from understating their federal tax liability due to their forked coins.

The letter reads:

This temporary rule has the benefit of encouraging consistency among taxpayers with respect to 2017 hard forks, avoiding difficult timing and valuation issues (including the ability of tax payers to benefit from hindsight depending on how the values fluctuated during 2017), and providing information to the service regarding holders of the original forked cryptocurrencies.

The letter also notes that adopting the recommended guidance may mean that capital gains taxes, rather than income taxes, would apply to the forked coin holdings, ma “it preserves the full value of the forked coin for taxation when the taxpayer sells it.

The taxation of cryptocurrencies has been something of a point of contention since the IRS first announced that it would treat cryptocurrencies as property in 2014.

A gennaio, major exchange and wallet provider Coinbase began reminding its customers to fulfill their crypto tax obligations and subsequently unveiled a tax calculator tool.

Tax forms Immagine tramite Shutterstock

Il leader nell'informazione blockchain, CoinDesk è un mezzo di informazione che si sforza per i più alti standard giornalistici e si conforma un rigida serie di politiche editoriali. CoinDesk è una filiale operativa indipendente valuta Digital Group, che investe in cryptocurrencies e startup blockchain.

https://www.coindesk.com/american-bar-to-irs-create-safe-harbor-for-hard-forked-cryptos/

USI Tech trasformare la tua vita con il più facile e più passiva di investimento bitcoin

lascia un commento

Questo sito utilizza Akismet per ridurre lo spam. Scopri come il tuo commento dati vengono elaborati.