White House report suggests Bitcoin miners may pay tax only on sales
By:Cointime
the White House Digital Asset Working Group recommended in a 168-page report that the IRS clarify the timing of taxation on Bitcoin mining income, or switch to taxing at the time of sale, to avoid double taxation of "mining income tax + capital gains on sale".
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
New spot margin trading pair — PROVE/USDT!
Bitget Announcement•2025/08/06 06:57
Bitget to support loan and margin functions for select assets in unified account
Bitget Announcement•2025/08/06 02:15
Subscribe to CYC Savings and enjoy up to 20% APR
Bitget Announcement•2025/08/05 15:30
[Initial Listing] Bitget Will List Succinct (PROVE). Come and grab a share of 66,666 PROVE
Bitget Announcement•2025/08/05 10:52
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$114,214.11
-0.11%

Ethereum
ETH
$3,641.67
-0.36%

XRP
XRP
$2.95
-2.54%

Tether USDt
USDT
$0.9999
+0.01%

BNB
BNB
$761.39
-0.18%

Solana
SOL
$164.28
-2.31%

USDC
USDC
$0.9998
+0.01%

TRON
TRX
$0.3333
+0.06%

Dogecoin
DOGE
$0.2014
-1.86%

Cardano
ADA
$0.7264
-2.35%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now