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Illinois to Tax Crypto Trades 0.2%—Even on Losing Trades
The post Illinois to Tax Crypto Trades 0.2%—Even on Losing Trades appeared first on Coinpedia Fintech News On September 29, the Illinois Department of Revenue officially released a draft outlining details of its…
· 1 min read · 142 words · via Coinpedia
Wire briefing
The post Illinois to Tax Crypto Trades 0.2%—Even on Losing Trades appeared first on Coinpedia Fintech News On September 29, the Illinois Department of Revenue officially released a draft outlining details of its Digital Asset Tax Act (DATA). Notably, Governor J.B. Pritzker signed the unparalleled bill into law on June 16 as part of the state’s fiscal 2027 budget bill (SB 3019). Illinois mandates 0.2% crypto transaction tax Most states have defaulted …
Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
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