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VOICE ARCHIVE

Richard Rubin

@richardrubindc
12 posts
2023-08-27
New from us: The long-awaited crypto tax regulations are here. https://www.wsj.com/...
2023-08-27 View on X
Wall Street Journal

The US Treasury proposes new rules that would treat crypto exchanges more like stockbrokers, requiring them to report gross proceeds to the IRS starting in 2026

including DAOs and certain wallet providers—or to create them... Richard Rubin / @richardrubindc : One could be cynical/clever and note the incentive for Congress to purport to rai...

One could be cynical/clever and note the incentive for Congress to purport to raise revenue by enacting difficult-to-administer tax hikes that IRS punts forward. The score for 2024-25 counted toward the bill paying for itself. What happens after that happens after that.
2023-08-27 View on X
Wall Street Journal

The US Treasury proposes new rules that would treat crypto exchanges more like stockbrokers, requiring them to report gross proceeds to the IRS starting in 2026

including DAOs and certain wallet providers—or to create them... Richard Rubin / @richardrubindc : One could be cynical/clever and note the incentive for Congress to purport to rai...

2023-08-26
One could be cynical/clever and note the incentive for Congress to purport to raise revenue by enacting difficult-to-administer tax hikes that IRS punts forward. The score for 2024-25 counted toward the bill paying for itself. What happens after that happens after that.
2023-08-26 View on X
Wall Street Journal

The US Treasury proposes new rules that would treat crypto exchanges more like stockbrokers, requiring them to report gross proceeds to the IRS starting in 2026

including DAOs and certain wallet providers—or to create them... Emily Wilkins / @emrwilkins : US Treasury and IRS out with a new proposed rule today on taxing crypto and digital a...

New from us: The long-awaited crypto tax regulations are here. https://www.wsj.com/...
2023-08-26 View on X
Wall Street Journal

The US Treasury proposes new rules that would treat crypto exchanges more like stockbrokers, requiring them to report gross proceeds to the IRS starting in 2026

including DAOs and certain wallet providers—or to create them... Emily Wilkins / @emrwilkins : US Treasury and IRS out with a new proposed rule today on taxing crypto and digital a...

2023-08-25
New from us: The long-awaited crypto tax regulations are here. https://www.wsj.com/...
2023-08-25 View on X
Wall Street Journal

US Treasury proposes new rules treating crypto exchanges more like stockbrokers, requiring them to report crypto gains to the IRS, starting in 2026

Long-delayed regulations would treat crypto platforms more like brokers who handle stocks and mutual funds

2023-05-16
New from me this am: Will the IRS build its own alternative to TurboTax and H&R Block for simple returns? A key study is due out soon. https://www.wsj.com/...
2023-05-16 View on X
Washington Post

Sources: the IRS quietly built a prototype system to let Americans file tax returns digitally and free of charge, with a pilot slated to launch in January 2024

2021-10-10
136 countries are on board for this phase of the OECD global tax deal. On to more details/negotiations + Congress. From @PaulHannon29 and me: https://www.wsj.com/...
2021-10-10 View on X
Politico

136 countries including US, China, India, and every EU country agree to set a 15% minimum tax rate for corporate profits; the deal still requires G20 approval

2021-10-09
136 countries are on board for this phase of the OECD global tax deal. On to more details/negotiations + Congress. From @PaulHannon29 and me: https://www.wsj.com/...
2021-10-09 View on X
Politico

136 countries including US, China, India, and every EU country agree to set a 15% minimum tax rate for corporate profits; the deal still requires G20 approval

The world's biggest companies like Facebook and Johnson & Johnson face an extra collective tax bill of hundreds of billions …

2021-10-08
New from @PaulHannon29 and me: Ireland is joining the global tax deal, in advance of an international meeting Friday. https://www.wsj.com/...
2021-10-08 View on X
Wall Street Journal

Ireland, where most US tech companies have their European HQ, says it will join the global agreement to set a minimum rate of 15% for taxing corporate profits

ending Ireland's 1-2% effective tax rate for some companies https://www.theguardian.com/ ... Cate Long / @cate_long : “Ireland, a low-tax country that is European headquarters to s...

2020-03-01
One more note on this Bernie tax story. In Nov 2017, Republicans proposed the same thing and dropped it after companies freaked out. That's a big $15B deal and I don't remember writing a word on it then because so much other TCJA stuff was happening. https://www.wsj.com/...
2020-03-01 View on X
Axios

Bernie Sanders introduces a bill that would tax stock options at vesting, not at exercise, for those making $130K+ and vesting $100K+ worth of stock per year

would tax options at vest, rather than at exercise. Many employees would be unable to pay — forcing them either to give up options or take out loans. https://www.wsj.com/... Liz We...

One more note on this Bernie tax story. In Nov 2017, Republicans proposed the same thing and dropped it after companies freaked out. That's a big $15B deal and I don't remember writing a word on it then because so much other TCJA stuff was happening. https://www.wsj.com/...
2020-03-01 View on X
CNBC

A look at top Democratic presidential candidates' stances on tech issues like breaking up Big Tech, digital privacy, encryption and backdoors, and Section 230

- Voters from 14 states and one U.S. territory will decide which Democratic candidate to support for the presidential nomination on Super Tuesday.

2020-02-29
One more note on this Bernie tax story. In Nov 2017, Republicans proposed the same thing and dropped it after companies freaked out. That's a big $15B deal and I don't remember writing a word on it then because so much other TCJA stuff was happening. https://www.wsj.com/...
2020-02-29 View on X
Axios

Bernie Sanders introduces a bill that would tax stock options at vesting, not at exercise, for those making $130K+ and vesting $100K+ worth of stock per year

'Sens. Bernie Sanders (D-VT) and Chris Van Hollen (D-MD) introduced legislation that would tax nonqualified stock options at vesting …