PANews reported on June 10 that, according to Bitcoin Magazine, Coinbase's VP of Taxation, Lawrence Zlatkin, has proposed to U.S. lawmakers to establish a de minimis capital gains tax exemption threshold for everyday small Bitcoin transactions, arguing that "Americans shouldn't need to hire an accountant just to buy a pair of jeans with BTC."
Coinbase executives call for tax exemption thresholds for small Bitcoin payments.
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