H.R. 5082 · 117th Congress · House

Cryptocurrency Tax Clarity Act

Active· Referred to the House Committee on Ways and Means.
Introduced
Aug 23, 21
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Cryptocurrency Tax Clarity Act

This bill modifies the definition of broker for 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.

Action Timeline

3
  1. AUG 23, 2021IntroReferral

    Introduced in House

  2. AUG 23, 2021IntroReferral

    Introduced in House

  3. AUG 23, 2021IntroReferral

    Referred to the House Committee on Ways and Means.

Committees

1

Ways and Means Committee

hswm00

Referred: Aug 23, 2021

Active