IRS Introduces Safe Harbor Allowing Tax-Free Staking for Crypto ETPs
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The U.S. Treasury and the IRS have announced a new safe harbor that allows crypto exchange-traded funds (ETFs) to stake digital assets without paying extra tax.
The guidance resolves a regulatory challenge that previously prevented asset managers from participating in staking networks due to concerns about potentially violating tax laws.
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IRS Introduces Safe Harbor Allowing Tax-Free Staking for Crypto ETPs
Share:
The U.S. Treasury and the IRS have announced a new safe harbor that allows crypto exchange-traded funds (ETFs) to stake digital assets without paying extra tax.
The guidance resolves a regulatory challenge that previously prevented asset managers from participating in staking networks due to concerns about potentially violating tax laws.
In This News
Funds
Share:
In This News
Funds
Share:
Read More
Taiwan to explore Bitcoin treasury with support from central bank