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White House report suggests Bitcoin miners may pay tax only on sales

White House report suggests Bitcoin miners may pay tax only on sales

CointimeCointime2025/08/05 14:05
By:Cointime

 the White House Digital Asset Working Group recommended in a 168-page report that the IRS clarify the timing of taxation on Bitcoin mining income, or switch to taxing at the time of sale, to avoid double taxation of "mining income tax + capital gains on sale".

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