The House Ways and Means Committee approved a cryptocurrency tax bill 38-5, a win for Chairman Jason Smith, though the bill’s path forward remains uncertain. The measure also addresses gambling-loss deductions and includes a separate tax-fraud provision.
Democratic representative who voted against the cryptocurrency tax bill.
ALSO MENTIONED Mark Carey, Republican representative who described the intended scope of the bill’s tax-timing language.; Steven Horford, Democratic representative who urged colleagues to support the legislation.
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President mentioned in connection with complaints about his family’s cryptocurrency business.
Democratic representative who voted against the cryptocurrency tax bill.
ALSO MENTIONED Mark Carey, Republican representative who described the intended scope of the bill’s tax-timing language.; Steven Horford, Democratic representative who urged colleagues to support the legislation.
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