Rob Portman

@senrobportman ↗

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Last Checked Aug. 26, 2021

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Tue Aug 03 23:07:10 +0000 2021

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Rob Portman @senrobportman

The legislation does not impose new reporting requirements on software developers, crypto miners, node operators or other non-brokers. It simply says that brokers must comply with standard information reporting obligations. Which many already do! — PolitiTweet.org

Posted Aug. 3, 2021

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Rob Portman @senrobportman

The infrastructure bill includes a provision that helps accomplish that goal. It standardizes information reporting by crypto-brokers to the IRS for tax purposes – the same way it’s done for stock trades. This will make it easier for folks to determine & pay their tax bill. — PolitiTweet.org

Posted Aug. 3, 2021

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Rob Portman @senrobportman

This common-sense provision will provide clarity and legitimacy for the industry, make life easier for everyday Americans, and help ensure that the US remains a global leader in crypto innovation and development. — PolitiTweet.org

Posted Aug. 3, 2021