CoinScoopIllinois Proposes 0.2% Crypto Transaction Tax Rules Including Stablecoins
The Illinois Department of Revenue released draft rules on September 28 for the Digital Asset Tax Act, which is set to take effect on January 1, 2027. The proposed legislation includes stablecoins as taxable assets, and the department is accepting public comments on the rules until October 30.
Summaries are written by AI from the original article. Not investment advice.