A szenátor biztosítja, hogy egyértelműek lesznek az Egyesült Államok infrastrukturális törvényjavaslatának adóbevallási követelményei

Az 1 billió dollár Az Egyesült Államok infrastrukturális törvényjavaslata has sent waves of panic through the crypto community. Stakeholders across the ecosystem wonder whether they’ll be able to comply with the bill’s stringent reporting requirements. Now, senators are stepping forward to be heard.

Lummis illuminates her stance

.@RonWyden and I are making sure that tax reporting requirements are clear and don’t put an undue burden on entities that have no information to give the IRS.

- Cynthia Lummis szenátor (@SenLummis) November 18, 2021

Lummis’s tweet came after members of Congress levelet nyújtott be to also voice their concerns regarding the US Infrastructure Bill. These signers aggódik the regulations would affect the definition of a "bróker" in the crypto industry, and potentially send crypto innovation to foreign shores.

We stand united to ensure more tax certainty for #cryptocurrency and work with the IRS on key reforms. Together, we will continue to support innovation and protect consumers. pic.twitter.com/xu1Dj2GAqD

– Darren Soto képviselő (@RepDarrenSoto) November 16, 2021

Chilling the industry

Why worry? To frissítse fel az emlékezetét, 6050I is a provision of the US Tax Code, which would make those receiving more than $10,000 in „digitális eszközök” responsible for gathering the sender’s personal details – social security number included – and reporting them to the government authorities in 15 days.

Mi több, lawmakers believe that the definition of a “broker” under the provision means that even miners, developers, lenders, stakers, marketplace clients, companies, and traders could face imprisonment if they fail to comply.

Naturally, lawmakers aren’t the only ones feeling tense. Fear and frustration have cut across coin preferences to unite participants all over the crypto industry. Coinbase CEO Brian Armstrong azt állította, 6050I could possibly "fagy" activities like DeFi.

This 6050I provision in the infrastructure bill seems like a disaster if I understand it. Criminal felony statute that could freeze a lot of healthy crypto behavior (like Defi).https://t.co/IjQE8t0Ajz

- Brian Armstrong (@ brian_armstrong) November 4, 2021

Meanwhile, Bitcoin trader and influencer Peter McCormack hívott ez an “invasion of privacy.”

Race of the bills

That said, senators aren’t waving the white flag just yet. As of 19 November, there were at least two proposed bills to address the infrastructure bill’s effect on crypto. Senator Ted Cruz, who Bevezetett an amendment, discussed how the infrastructure bill could hurt Texas’ swelling crypto presence.

His official release about the bill meghatározott,

“This mandate to collect names, addresses, and transactions of customers means almost every company even tangentially related to cryptocurrency may suddenly be forced to surveil their users.”

Meanwhile, the “Keep Innovation in America Act” newly Bevezetett by Congressmen Patrick McHenry and Tim Ryan, reiterated the need for a better broker definition under the bill, and javasolt változtatások to Section 80603 of the Infrastructure Investment and Jobs Act.

One finding in the amendment meghatározott,

„A bányászok és érvényesítők, a hardver- és szoftverfejlesztők, valamint a protokollfejlesztők nem tényleges brókerek, és nem gyűjtik az infrastrukturális beruházásokról és foglalkoztatásról szóló törvényben előírt információkat, és nem is van rá okuk.

Source: https://ambcrypto.com/senator-assures-there-will-be-clarity-in-us-infra-bills-tax-reporting-requirements/