Cryptocurrency Tax Clarity Act

Summary

Cryptocurrency Tax Clarity Act This bill modifies the definition of broker f or tax reporting purposes to include any person who (for consideration) effectuates transfers of digital assets on behalf of another person. It also treats digital assets (i.e., a digital representation of value that is recorded on a cryptographically secured distributed ledger) as specified securities for reporting purposes.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 23 August 2021

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 23 August 2021

   Introduced

   Introduced in House

   Source: IntroReferral

3. 23 August 2021

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 23 August 2021 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 23 August 2021

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 23 August 2021

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 23 August 2021

  Open at official source

Sponsors

• Darren Soto · D · Sponsor
• · hswm00 · Standing

Related records

• related to ← Cryptocurrency Tax Reform Act