ilmscore | Prediction Details
"The IRS doesn't classify cryptocurrency as a security and technically a watchh sale shouldn't apply they might try to use something called the economic substance Doctrine to try to get their profits"
By Graham Stephan | May 28, 2021 | Pending
From video
Why I’m Selling Bitcoin 00:06:41 - 00:06:56
Interpreted Prediction
The speaker predicts that the IRS might employ the Economic Substance Doctrine to challenge cryptocurrency transactions that appear to be solely for tax benefits, even if wash sale rules don't technically apply.

Prediction Details

Topic
Economic Substance Doctrine and Crypto

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