List of Flash News about no tax on tips
Time | Details |
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2025-05-15 20:23 |
No Tax on Tips Policy Announced by White House: Major Implications for Crypto Payments and Digital Tipping
According to The White House (@WhiteHouse), the new 'No Tax on Tips' policy announced on May 15, 2025, eliminates federal tax obligations for tips in the United States. This regulatory change could significantly boost the adoption of digital tipping, including cryptocurrencies like Bitcoin and stablecoins, as users and businesses seek tax-efficient payment methods. Crypto traders should watch for increased transaction volumes and potential integration of digital tipping platforms, which may drive up demand for crypto assets used in micropayments and peer-to-peer services (source: The White House, May 15, 2025). |
2025-05-15 20:21 |
No Tax on Tips Policy Announced by White House Boosts Crypto Payment Adoption Potential 2025
According to The White House (@WhiteHouse), a new policy announced on May 15, 2025 removes taxes on tips, which could significantly impact the adoption of cryptocurrency-based tipping and microtransactions in the US. Traders should note that the elimination of tax on tips may encourage greater use of digital assets for peer-to-peer payments, especially on platforms integrating Bitcoin or stablecoin tipping features. Source: The White House Twitter. |