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Proposed regulations expand tax information reporting for digital asset transactions

CPE 1.0


Webcast overview

On August 25, the U.S. Treasury Department and IRS released long-awaited proposed regulations that set forth new digital asset tax information reporting requirements. The proposed regulations provide guidance on statutory amendments to broker reporting rules enacted as part of the Infrastructure Investment and Jobs Act of 2021 and are issued principally under section 6045. The proposed regulations also include guidance under sections 6050W, 1001, and 1012.

KPMG LLP is pleased to invite you to a one-hour webcast that will examine the proposed regulations, outlining key provisions and highlighting potential impacts. Professionals from the KPMG Information Reporting & Withholding Tax and Washington National Tax practices will discuss:

  • Scope of proposed regulations
  • Information required to be reported
  • Exceptions to reporting
  • What’s next.

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