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Overseas Crypto Sales Deduction Imperiled by GOP Tax Law Change

A small change made by the $3.4 trillion Republican tax-and-spending law is putting a lucrative tax deduction at risk for certain kinds of digital assets sold overseas, and tax professionals are looking to the IRS for answers.

A small change made by the $3.4 trillion Republican tax-and-spending law is putting a lucrative tax deduction at risk for certain kinds of digital assets sold overseas, and tax professionals are looking to the IRS for answers.
At issue is how cryptoc… [350 chars]

Source: Bloomberg Tax News | Published: 2025-12-31T09:45:00Z

Credit: Bloomberg Tax News

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