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Blockchain Association files lawsuit against IRS
IRS Targets Front-End Services In DeFi Reporting Final Regulations
IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies requirements and exclusions for DeFi participants.
Blockchain Association Sues IRS Over New DeFi Regulations
The Blockchain Association has filed a lawsuit against the IRS over new DeFi regulations, challenging broker classification and KYC requirements.
Blockchain Association files lawsuit against IRS over its new DeFi regulations
The Blockchain Association has filed a lawsuit against the Internal Revenue Service (IRS) over its new regulations for the decentralized finance (DeFi) sector. The group is fighting against new IRS laws that will classify some protocols in the DeFi sector as brokers.
Understanding The New IRS DeFi Broker Tax Regulations
KYC and IRS tax reporting are coming to DeFi platforms as a result of the newly released DeFi broker tax regulations.
IRS targets DeFi brokers with new tax reporting rules set for 2027
The IRS is going after decentralized finance (DeFi) brokers with a vendetta. If left, starting in 2027, these brokers will be required to report every dime made in crypto sales. The new rules fall under section 6045 of the Internal Revenue Code and are part of this big push to extend traditional tax regulations to
IRS and Treasury Finalize DeFi Broker Regulations, Market Experts Decry ‘Overreach’
The U.S. Treasury Department and the Internal Revenue Service have unveiled a tax reporting framework that will affect the fast-growing DeFi
Blockchain Association Sues IRS Over New Crypto Regulations
The Blockchain Association has launched a lawsuit against the U.S. Internal Revenue Service (IRS) over its latest cryptocurrency regulations.
11h
on MSN
DeFi has 3 options if IRS rule isn't rolled back — Alex Thorn
The recent Internal Revenue Service (IRS) reporting rule designating decentralized finance (DeFi) front-ends as brokerages ...
Coingape
13h
DeFi Education Fund Sues US IRS Over Controversial Tax Rules
The US IRS wants DeFi protocols to take user's KYC and report transactions for tax purposes, driving kickback from the DeFi ...
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