Home > Quick > Body

The White House report advises bitcoin miners to pay taxes only when they sell

clock
2025-08-05 13:21:45
In a 168-page report, the White House Digital Assets Task Force recommended that the IRS clarify the tax timing of bitcoin mining proceeds, or change it to tax at the time of sale, to avoid double taxation of "mining income tax + capital gains from the sale".
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.