On February 11, 2022, in a letter addressed to certain U.S. Senators, the U.S. Department of the Treasury indicated that cryptocurrency miners, cryptocurrency stakers or related hardware or software providers would not be...more
2/17/2022
/ Bitcoin ,
Bitcoin Mining ,
Brokers ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Filing Requirements ,
Financial Transactions ,
Income Taxes ,
Infrastructure Investment and Jobs Act (IIJA) ,
Investment ,
IRS ,
Popular ,
Reporting Requirements ,
Tax Liability ,
Tax Planning ,
U.S. Treasury ,
Virtual Currency
The U.S. Department of the Treasury and the Internal Revenue Service on December 30, 2021, issued final regulations (“Final Regulations”) allowing a tax-free treatment of “covered modifications,” as defined, of certain...more
1/31/2022
/ Contract Modification ,
Debt Instruments ,
Derivatives ,
FATCA ,
Financial Regulatory Reform ,
Insurance Contracts ,
Inter-Bank Offered Rates (IBORs) ,
Interest Rates ,
IRS ,
Leases ,
Libor ,
New Regulations ,
REMIC ,
Stocks ,
Tax-Free Transfers ,
U.S. Treasury