Legis Daily

To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency.

USA116th CongressHR-3963| House 
| Updated: 7/25/2019
Ted Budd

Ted Budd

Republican Representative

North Carolina

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Virtual Value Tax Fix Act of 2019 This bill allows an exclusion of gain or loss, for income tax purposes, on like-kind exchanges of virtual currency completed prior to 2025.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 115-7361
To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency.
Jul 25, 2019
Introduced in House
Jul 25, 2019
Referred to the House Committee on Ways and Means.

  • Bill from Previous Congress

    HR 115-7361
    To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency.
  • July 25, 2019
    Introduced in House
  • July 25, 2019
    Referred to the House Committee on Ways and Means.

Taxation

Capital gains taxCurrencyIncome tax exclusion

To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency.

USA116th CongressHR-3963| House 
| Updated: 7/25/2019
Virtual Value Tax Fix Act of 2019 This bill allows an exclusion of gain or loss, for income tax purposes, on like-kind exchanges of virtual currency completed prior to 2025.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 115-7361
To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency.
Jul 25, 2019
Introduced in House
Jul 25, 2019
Referred to the House Committee on Ways and Means.

  • Bill from Previous Congress

    HR 115-7361
    To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency.
  • July 25, 2019
    Introduced in House
  • July 25, 2019
    Referred to the House Committee on Ways and Means.
Ted Budd

Ted Budd

Republican Representative

North Carolina

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Capital gains taxCurrencyIncome tax exclusion