In brief
- The House Ways and Means committee will review a package of crypto tax proposals at a hearing on Tuesday.
- Lawmakers will revisit how staking rewards and small transactions are taxed.
- A practical discussion over targeted, workable tax rules is expected, one that could fix what has so far been a “guessing game,” Decrypt was told.
The House tax writing committee will take up digital asset taxation, moving a set of crypto tax proposals into public debate as Congress continues its broader push to write federal policy for the industry.
Scheduled for 2pm ET on Tuesday, the hearing will be broadcast live on the House Ways and Means Committee’s YouTube channel, according to the committee page published Monday. Witnesses include tax…
