ilmscore | Economic Substance Doctrine and Crypto Predictions
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Recent Predictions

Total: 1
Correct: 0
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Prediction
Author
Predicted at
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Video
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.
"The IRS doesn't classify cryptocurrency as a security and technically a watchh sale shouldn't apply ..."
May 28, 2021
Pending