Missouri may exempt cryptocurrencies and stocks from capital gains tax

PANews reported on May 8 that according to Fortune magazine, the Missouri House of Representatives passed a bill on May 7 to completely exempt capital gains tax on assets such as stocks, cryptocurrencies and real estate, becoming the first state in the United States to implement such a policy. The bill has been submitted to Republican Governor Mike Kehoe for signature, who expressed "strong support". If it takes effect, individual investors will be tax-free starting in 2025, and corporate tax exemptions will be gradually implemented depending on the growth of fiscal revenue.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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