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Trump Could Receive Significant Tax Benefit from Proposed Crypto Bill

A bipartisan ethics proposal for landmark crypto legislation, pitched to President Donald Trump, could offer him a substantial tax benefit by allowing him to defer capital gains levies on his crypto holdings, according to Bloomberg News.

6 Aug, 20:07 — 6 Aug, 20:07
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Showing 1 of 2 sources
bloombergHigh1h ago

Trump Could Net Big Tax Windfall in Crypto Bill Divestiture Plan

The bipartisan ethics proposal senators have pitched to President Donald Trump to get landmark crypto legislation over the line in Congress could trigger a significant tax benefit for the president: the ability to defer capital gains levies on his crypto holdings.

By Lydia Beyoud, Olga Kharif and Steven T. Dennis

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Coverage Timeline

First report: bloomberg · 6 Aug, 20:07Full coverage: 2 · 1hWindow: 1h
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bloomberg6 Aug, 20:07First to report

Trump Could Net Big Tax Windfall in Crypto Bill Divestiture Plan

1h later
channel-news-asia6 Aug, 21:23Latest update

Trump could net big tax windfall in crypto bill divestiture plan, Bloomberg News reports

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