The U.S. government’s stand on the cryptocurrency’s taxation aspect becomes clear as the Internal Revenue Service (IRS) issues guidance on tax implications of cryptocurrency hard forks. The guidance was issued in the form of a Revenue Ruling “that addresses the tax implications of a cryptocurrency “hard fork” to the owner of the existing cryptocurrency.” As […]The post U.S. citizens to be taxed for receiving ‘hardfork’ cryptocurrencies appeared first on AMBCrypto.
