Crypto industry tells court Illinois crypto transaction tax cannot be enforced as written
REGULATIONcoinbrief/daily · 1 source
- Severity
- Low
- Sources
- 1
What happened
Several crypto firms and groups are challenging a planned tax on crypto transactions in Illinois in court. They argue the tax cannot realistically be enforced in its current form.
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What to do
- Watch for the court's ruling on the challenge to the Illinois crypto transaction tax.
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Full story timeline · 1 update
Who reported · 1 outlet
CoinDesk