The bill would eliminate taxes on de minimis network or transaction fees, meaning any fees below $10, though a person “that engaged in more than 5,000 transfers” over the prior year would be excluded. Eliminating taxes on minor transactions has been a major ask from the crypto industry in recent years, with advocates arguing that cutting the taxes would better enable digital assets for small purchases, such as cups of coffee. Currently,people transacting with digital assets must report the capital gain or loss on those transactions, even if they’re small-dollar amounts.
Many of the provisions in the bill address tokenized assets, while another section tries to clarify how ownership might be treated for digital asset disposition purposes.
The bill directs the U.S. Treasury secretary and Internal Revenue Service to develop and publish new rules as needed.
The House Ways and Means markup, scheduled for 10:00 a.m. ET on Wednesday, Sept. 16, could mark the first significant movement for crypto tax legislation in the U.S. Congress, though the bill is unlikely to become law this year. The House of Representatives is set to break later this week until after the November election, giving it limited time to debate and vote on a tax bill. Still, any progress on legislation in 2026 could set up a continuation of the work in 2027, when the new Congress is sworn in.
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Nikhilesh De
https://www.coindesk.com/policy/2026/09/14/u-s-house-panel-shares-crypto-tax-bill-ahead-of-hearing-later-this-week
2026-09-15 03:27:00
