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IRS Says No Tax-Free Exchange Treatment for Swaps of Bitcoin, Ether, and Litecoin

Retrieved on: 2021-06-22 17:37:30

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IRS Says No Tax-Free Exchange Treatment for Swaps of Bitcoin, Ether, and Litecoin. View article details on HISWAI: https://www.natlawreview.com/article/irs-says-no-tax-free-exchange-treatment-swaps-bitcoin-ether-and-litecoin

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The IRS has published guidance stating that pre-2018 swaps among Bitcoin, Ether, and Litecoin are not eligible for 1031 tax-free exchange treatment.

Article found on: www.natlawreview.com

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