U.S. Treasury and IRS issue guidance: Strategy may not need to pay CAMT on unrealized bitcoin gains
Foresight News reported that Strategy founder Michael Saylor stated that, due to the interim guidance issued by the U.S. Department of the Treasury and the Internal Revenue Service (IRS), Strategy is expected not to be subject to the Corporate Alternative Minimum Tax (CAMT) arising from unrealized gains on its bitcoin holdings.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Bitcoin options set for largest-ever expiry, market positions to reset, post-holiday volatility may rise
Williams: Data is Basically Consistent with the Fed's Rate Cut Trend
Williams: Productivity gains may have a disinflationary effect
