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TechFlow, Aug 15 — According to CryptoSlate, New York state lawmakers are considering a proposed tax on digital asset transactions. The bill was introduced in the state legislature on August 13 and proposes to impose a 0.2% sales tax on digital asset trades—including Bitcoin and Ethereum—starting in September. The revenue will support addiction prevention and intervention programs for schools in upstate New York.
According to CryptoSlate, New York state lawmakers are considering a tax proposal targeting digital asset transactions. The bill, introduced in the state legislature on August 13, proposes to impose a 0.2% sales tax on digital asset trades—including Bitcoin and Ethereum—starting in September, with revenue allocated to support addiction prevention and intervention programs in schools across upstate New York.
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