Blockchain Report on Nostr: Illinois crypto tax delayed 6 months to July 1, 2027. The 0.2% tax on transactions & ...
Illinois crypto tax delayed 6 months to July 1, 2027. The 0.2% tax on transactions & custody for institutions with >$100k revenue, originally Jan 1, 2027, now faces court review for constitutionality. Agreement between IL govt, Digital Chamber, IL Blockchain Assoc. Emergency injunction pursuit paused; focus shifts to legal review. Industry groups aim for permanent repeal, citing unconstitutionality & violation of Internet Tax Freedom Act.
#crypto #blockchain #news
Published at
2026-10-01 12:45:58 UTCEvent JSON
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"content": "Illinois crypto tax delayed 6 months to July 1, 2027. The 0.2% tax on transactions \u0026 custody for institutions with \u003e$100k revenue, originally Jan 1, 2027, now faces court review for constitutionality. Agreement between IL govt, Digital Chamber, IL Blockchain Assoc. Emergency injunction pursuit paused; focus shifts to legal review. Industry groups aim for permanent repeal, citing unconstitutionality \u0026 violation of Internet Tax Freedom Act.\n\n#crypto #blockchain #news ",
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