HR 5083 · 117th Congress · Taxation

Cryptocurrency Tax Reform Act

Introduced 2021-08-23· Sponsored by Rep. Soto, Darren [D-FL-9]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-08-23)

Plain Language Summary

[AI summary unavailable — showing source text] Cryptocurrency Tax Reform Act This bill modifies the definition of broker f or tax reporting purposes to include any person who (for consideration) effectuates transfers of digital assets on behalf of another person. It also treats digital assets (i.e., a digital representation of value that is recorded on a cryptographically secured distributed ledger) as specified securities for reporting purposes.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

1 Democrat1 Republican
Rep. Khanna, Ro [D-CA-17]CA
Rep. Donalds, Byron [R-FL-19]FL