H.R. 3963 · 116th Congress
To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency.
- Stage
- In committee
- Sponsor
- Ted Budd
- Introduced
- 2019-07-25
- Latest action
- 2019-07-25 · Introduced in House
Summary
Virtual Value Tax Fix Act of 2019
This bill allows an exclusion of gain or loss, for income tax purposes, on like-kind exchanges of virtual currency completed prior to 2025.