This week in state tax information: The Multistate Tax Fee held its annual assembly in Anchorage, Alaska this week and examined tax code uniformity methods addressing cryptocurrency, digital merchandise and the attain of state enterprise taxes. In the meantime, Georgia addressed the tax standing of unborn kids and Massachusetts permitted a plan to legalize and tax sports activities betting.
States are shedding vital tax income attributable to features from cryptocurrency transactions, however shifting tens of hundreds of thousands of digital forex buyers into full compliance might take years, tax authorities realized on the MTC’s annual assembly this week.
The state cryptocurrency tax hole is …
