Let's talk about the proposed de minimis tax exception and how it benefits BCH vs BTC

The current "Bitcoin Tax Exemption" being proposed by the current US administration is in the form of a de minimis tax exception. A de minimis tax exception already applies for foreign currency and allows for the exception of capital gains up to $200 PER TRANSACTION. (No limit on the number of transactions).

In the GENIUS act, it appears a $600 exception will be applied to crypto transactions.

For a crypto that can be used as currency, the idea of not having to worry about tax implications for smaller purchases could be an incentive for consumers to use BCH and retailers to accept it.

submitted by /u/eagle_eye_johnson to r/btc
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Quelle: bitcoin-en