The US House Ways and Means Committee has scheduled a September 16 markup on a package of digital asset tax legislation. The first bill, the Tax Clarity for Mining and Staking Act (H.R. 9175), would allow miners and stakers to defer income recognition on newly created tokens until they are actually sold. The second bill, the Applying Existing Tax Anti-Abuse Rules to Digital Assets Act (H.R. 9172), would extend wash-sale rules to actively traded digital assets. Treasury estimates project that extending wash-sale rules to digital assets could generate approximately $23.5 billion in revenue over a decade. Industry groups, including Coinbase, are pushing for regulatory clarity, while some Democrats on the committee are calling for additional analysis before moving forward.
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