Treasury to Exempt Bitcoin from 15% CAMT Tax on Unrealized Gains, Saving Strategy Billions
The Treasury Department is preparing to formally exempt crypto holdings from the Corporate Alternative Minimum Tax, eliminating a potential multibillion-dollar tax liability for companies like Strategy that holds approximately 640,031 Bitcoin worth over $74 billion with unrealized gains of over $27 billion.The post Treasury to Exempt Bitcoin from 15% CAMT Tax on Unrealized Gains, Saving Strategy Billions appeared first on Cryptonews.