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Crypto Tax Legislation Unveiled Ahead of Ways and Means Markup

Crypto Tax Legislation Unveiled Ahead of Ways and Means Markup

The House Ways and Means Committee unveiled its cryptocurrency taxation legislation Monday night ahead of a Wednesday markup.

The legislation is sponsored by committee Chair Jason Smith (R-Mo.) and includes changes to several provisions from GOP-led digital asset tax bills considered earlier this summer. It includes provisions from bipartisan legislation crafted by Rep. Steven Horsford (D-Nev.) and Rep. Max Miller (R-Ohio).

Read More: Democrats Reject Senate Crypto Bill Text Over Ethics Language

The markup is also expected to include legislation on other tax-related provisions and bills addressing healthcare topics.

What is included in a crypto tax package has been carefully …

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