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IRS Doubles Down on Immediate Staking Rewards Tax Stance

IRS Doubles Down on Stake Rewards Tax StanceThe U.S. Internal Revenue Service (IRS) has reaffirmed its stance on the immediate taxability of staking rewards, doubling down on a position assumed in 2023 as part of internal guidelines. In a recent filing related to an ongoing lawsuit, the service argues that the rewards generated through staking do not constitute new property and should […]

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