IRS Holds Public Hearing on Electronic Delivery of Digital Asset Tax Statements
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The IRS has scheduled a public hearing to discuss a proposed rule about how brokers deliver tax statements for digital asset sales. The proposed rule, published in March, would let brokers send these payee statements electronically instead of by mail.
Why it matters: This is mostly administrative. The IRS is following standard procedure to gather public input before finalizing a rule that would let brokers switch from paper mail to electronic delivery for digital asset tax statements. The rule only changes if the IRS decides to adopt it after reviewing comments and the hearing.
Who it affects
- Brokers and digital asset trading platforms that currently mail tax statements
This notice comes from the IRS Office of Associate Chief Counsel (Procedure and Administration) and outlines hearing logistics for proposed rule REG-105064-25; check the original Federal Register document for full details before relying on it.
Agency: Treasury Department, Internal Revenue Service
Source: Federal Register — read the official document