US lawmakers warn Treasury on taxing US firms’ unrealized crypto gains
2025-05-14
Two US senators have requested that the Treasury Department intervene to prevent the corporate alternative minimum tax (CAMT) interpretation from penalizing US firms for unrealized gains driven by updated accounting standards. In a letter dated May 12, Senators Cynthia Lummis and Bernie Moreno asked Treasury Secretary Scott Bessent to issue regulatory guidance excluding unrealized gains […]
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