CRYPTOCURRENCY INVESTORS LOSE MAJOR TAX BREAK UNDER NEW U.S. TAX CODE

in #president7 years ago

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On Friday morning, U.S. President Donald Trump signed a new tax bill into law, signalling the first major tax overhaul in the U.S. in over 30 years. And while you may or may not have high praise for the bill, one thing is certain: the new tax code is bad news for cryptocurrency investors. Starting Jan. 1st, 2018, all cryptocurrency trades will be a taxable event, including swapping one cryptocurrency for another...
http://bitcoinist.com/cryptocurrency-investors-lose-tax-break/