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White House Press Secretary: Trump supports the minimum tax exemption policy for cryptocurrencies and will promote legislation
Odaily News The White House press secretary said that President Trump confirmed that he supports the minimum tax exemption policy for Bitcoin and cryptocurrencies, and said that he will continue to promote legislative pathways to achieve this goal. (Cointelegraph)
Note: De minimis tax exemption means that when the amount or income of a transaction is very small (below a set de minimis amount), the tax authorities will not levy tax.
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