Most personal transactions where a capital gain occurs are subject to taxation. A newly proposed bill in the US House of Representatives could change things up a bit in this regard. Do not expect the taxable gain to be eradicated completely, however. Changing Crypto Taxation for the Better This peculiar proposal aims to take a slightly different approach to capital gains taxes. Any personal transactions with a profit of under $200 would no longer be taxable. That would be rather significant if approved. Nearly 90% of personal transactions have a profit of under $200, except for speculative dealings. Although this
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