Treasury to Exempt Bitcoin from 15% CAMT Tax on Unrealized Gains, Saving Strategy Billions
The Treasury Department is getting ready to formally exempt crypto holdings from the Corporate Alternative Minimum Tax (CAMT), which might get rid of a possible multibillion-dollar tax legal responsibility for firms like Strategy that maintain substantial Bitcoin reserves. According to Eleanor Terret, the transfer addresses the 15% minimal tax on massive firms’ monetary assertion earnings…
