Cointelegraph·Cointelegraph by Nate Kostar·58m ago

US Justice Department, business groups and DeFi firms challenge Illinois crypto tax

Industry groups argued in court filings that Illinois’ crypto tax, which applies even when a transaction yields no profit, could raise compliance costs and violate federal law.

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💬 Discussion: US Justice Department, business groups and DeFi firms challenge Illinois crypto tax Industry groups argued in court filings that Illinois’ crypto tax, which applies even when a transaction yields no profit, could raise compliance costs and violate federal law.

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