Blockchain advocacy group Coin Center filed a lawsuit on Friday against the U.S. Treasury Department and the IRS for allegedly drafting an unlawful amendment to the controversial infrastructure bill. ...
Tag: Unconstitional
Coin Center Sues US Treasury Over ‘Unconstitional’ Tax Reporting Rule
The requirement, which will take effect in 2024, requires U.S. taxpayers who receive over $10,000 in cryptocurrency to report the social security numbers and other personal information of the sender. ...