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Rep. Jared Polis Introduces Cryptocurrency Tax Fairness Act of 2017 | Fortune.com

fortune.com

Under current tax rules, any little transaction—like buying a cup of coffee—can be considered a capital gain, and trigger an obligation to the IRS. A solution may be on the way, however, in the form of a bipartisan bill introduced in the House of Representatives on Thursday by Rep. Jared Polis (D-Co) and Rep. David Schweikert (R-Az). Titled The CryptoCurrency Tax Fairness Act.