Crypto groups are seeking to challenge Illinois’ 0.2% tax on digital assets. The levy would apply to the value of the assets rather than realized gains. Covered brokers would be required to collect it from clients domiciled in the state. The article does not identify the groups involved or the legal route they plan to use.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice


