A one-pager from Sen. Lummis’ office, obtained by reporters, hinted that the provisions would establish a de minimis exemption with a threshold of $300. It includes language about how miners and stakers are required to pay taxes.
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Sen. Lummis pushes to fix unfair tax rules in Senate’s sweeping reconciliation bill
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Senator Cynthia Lummis intended to introduce an amendment in OBBB to end double taxation for miners and stakers and to establish a $300 de minimis exemption for small crypto transactions
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