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AlexCobb

H.R.56 Financial Technology Act Officially Passes Congress.

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3 hours ago, Greeny said:

7356 is probably one we should be also just as interested in.  That one if passed will give cryptos a new classification on their own.  Different than that of a security.

Interesting that the effective date is the 1st of Jan 2017. Does that mean that any tax collected after that date that would be exempted by this bill would have to be refunded if it was passed?

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7 hours ago, Naimless said:

Interesting that the effective date is the 1st of Jan 2017. Does that mean that any tax collected after that date that would be exempted by this bill would have to be refunded if it was passed?

Question for a lawyer, way out of my ability to answer.  I just saw a crypto video on YouTube the other day talking about that bill.

 

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