S.J.Res. 3
Cancels IRS rule on reporting digital asset sales
Stops an IRS rule that required people who carry out decentralized finance transactions to report digital asset sales to the tax agency.
- Cancels a rule the IRS issued on December 30, 2024
- The rule required reporting of digital asset sales made through decentralized finance transactions
- Those reports would no longer have to be sent to the IRS
Passed the Senate · House's turn