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Crypto industry tells court Illinois crypto transaction tax cannot be enforced as written

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A coalition of crypto industry opponents has filed in court against Illinois' crypto transaction tax, contending it cannot be enforced as written. The article gives no figures on the tax rate, the filing date or the court's timeline, so next steps remain unclear.

For experienced traders · Written by AI from 1 source · Wrong?

What to do

  1. Watch for the court's ruling on the challenge to the Illinois crypto transaction tax.

Written by AI from the sources, checked against them

Full story timeline · 1 update

  1. Thu 12 NovemberIllinois crypto tax is impossible to enforce as written, crypto industry tells courtCoinDesk

Who reported · 1 outlet

CoinDesk

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