According to the latest statements, the US Tax Administration (IRS) may publish cryptocurrency tax guidance in the next 1 year.
The head of the cryptocurrency taxation unit of the IRS, the federal agency that performs duties such as enforcing federal tax laws, collecting taxes, and examining taxpayers’ tax returns in the United States. Julie FoersterRemarkable statements came from
foerster, Friday, April 28 day Consensus 2023 in his statement at the event Cryptocurrency tax guidance in about 1 year He said he might be ready. Also, Foerster, the IRS’s He plans to change the way he looks at the cryptocurrency industry. and stated that he wanted to work more with the sector.
We interact with all of you to get it right and create a plan. He added that he should look at the skills of the people we have today and bring in the future. We need to have the right tools and the right people. I can say that there are countries that want to come to our international section and talk to us. Events like this and other events we attend also provide us with an international insight or perspective.
Currently, the IRS uses cryptocurrencies for goods and services. available as payment digitally between users. tradable and virtual assets that can be exchanged for other currencies. It is not yet clear whether this definition will change with the new tax guidance. If cryptocurrencies are put into a property status, this will attract investors. to tax liability will subject it.