Illinois releases draft rules for 0.2% digital asset tax covering DeFi and stablecoins
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🟠 Illinois publishes draft rules for 0.2% digital asset tax covering $ETH, DeFi, and stablecoins.
🪙 Stablecoin transactions will be taxed, while NFTs remain excluded.
🔄 Fees for bridging and custodial transfers may trigger the tax under specific conditions.
📅 The law takes effect in 2027, with public comments open until October 30.
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22m ago•
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