According to the U.S. lawmakers, the infrastructure law contains an âoverly-broad interpretationâ of what a broker is and places the reporting burden on individuals who may not have the necessary information to comply.
Six senators urge Treasury Secretary to clarify definition of broker in infrastructure law before 2022
Six U.S. senators are urging the Treasury Secretary to clarify the definition of a "broker" in the infrastructure law before 2022, arguing the current interpretation is too broad and unfairly burdens individuals who lack the necessary information to comply.
Summary
Share to:
Author: PANews
Opinions belong to the column author and do not represent PANews.
This content is not investment advice.
Image source: PANews. If there is any infringement, please contact the author for removal.
Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
PANews App
24/7 blockchain news tracking and in-depth analysis.