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Missouri bill ending capital gains tax heads to governor for signature

Coin Telegraph LogoCoin Telegraph12h ago

Missouri bill ending capital gains tax heads to governor for signature - Coin Telegraph

Quick Summary:

Source: Missouri House of RepresentativesBrogan told Cointelegraph that the specific mechanism to exempt capital gains taxes outlined in HB 594 is unique and compared it to a similar income tax deduction in the federal tax code.

Related: US lawmaker targets crypto investors using Puerto Rico as a tax havenTrump proposes eliminating federal income tax in the United StatesTrump has proposed offsetting federal income taxes or eliminating the income tax and replacing the federal tax revenue with money raised through import tariffs".

According to attorney Aaron Brogan, the bill stipulates a 100% income tax deduction for any capital gains income because the Missouri tax code does not explicitly distinguish between capital gains and income tax.

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Article Details

Author / Journalist: Cointelegraph by Vince Quill

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 17:55:03 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 376 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28496488

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 34 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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The story "Missouri bill ending capital gains tax heads to governor for signature" was covered 12 hours ago by Coin Telegraph, a news publisher based in United States.

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  • URL: https://z7.beamstart.com/news/missouri-bill-ending-capital-gains-17467235537306

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