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NOTICE OF RULE DEVELOPMENT DEPARTMENT OF REVENUE TAX ON MOTOR FUELS, DIESEL FUELS, AVIATION FUELS, POLLUTANTS, AND NATURAL GAS FUEL RULE NO: RULE TITLE: 12B5.150 Public Use Forms 12B5.300 Aviation
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What is chapter 12b-5 tax on?
Chapter 12b-5 tax is on income received from cryptocurrency transactions.
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Anyone who has earned income from cryptocurrency transactions is required to file chapter 12b-5 tax.
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Information such as total income earned from cryptocurrency transactions, capital gains or losses, and any deductions related to cryptocurrency activities.
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