CryptoThe Blockabout 1 hour ago
Crypto Groups Challenge Illinois Tax
2 min read
Andreessen Horowitz and the DeFi Education Fund filed an amicus brief on Thursday to support a legal challenge against Illinois's Digital Asset Tax Act. The group argues the 0.2% tax on digital assets unfairly targets the industry, noting that 2.64 million Illinois residents hold these assets. The law, originally set for January 2027, was postponed to July 2027.
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