Florida Bill Proposes Zero Capital Gains Tax on Bitcoin, XRP, and Stocks

Florida Proposes Eliminating State Capital Gains Tax on Crypto and Stocks Ripple ETHNews

Bill aligns with Trump’s crypto agenda, pressuring federal reforms and inspiring Republican-led states to follow suit. Supporters foresee economic growth; critics warn of federal-state tax clashes and filing complexities as key risks. Florida lawmakers have introduced a bill to remove state capital gains taxes on profits from cryptocurrencies like Bitcoin and XRP, as well as traditional stocks. If passed, the legislation would allow investors to…

Florida Proposes Bill to Explicitly Exempt Bitcoin, XRP, and Stocks from State Capital Gains Tax

Florida Introduces Bill Clarifying Zero Capital Gains Tax on Bitcoin and XRP Florida lawmakers have proposed a new bill that explicitly exempts capital gains taxes on cryptocurrency assets, including Bitcoin and XRP, as well as certain stocks. Although Florida does not currently impose a state income or capital gains tax, the bill aims to provide clear legal parameters for investors and businesses operating within the state. The legislation, int…

Florida Proposes Eliminating Bitcoin Capital Gains Tax - The Cryptocurrency Post

TL;DR Florida is pushing a bill to remove capital gains tax on Bitcoin, XRP, and stocks to attract crypto investors. Reported by well-known crypto expert Pete Rizzo, this initiative aims to strengthen Florida’s position as a crypto-friendly state. The measure is expected to positively impact the market and boost digital asset adoption in the region. Florida is making a bold move by proposing groundbreaking legislation to eliminate the state cap…

Florida Proposes Zero Capital Gains Tax on Crypto - Blockchain & Cryptocurrencies Tabloid

Florida's proposed bill aims to eliminate state capital gains taxes on cryptocurrencies and stocks, fostering a crypto-friendly environment. The post Florida Proposes Zero Capital Gains Tax on Crypto appeared first on Blockchain & Cryptocurrencies Tabloid.

Florida Bill Proposes Zero Capital Gains Tax on Bitcoin, XRP, and Stocks

The post Florida Bill Proposes Zero Capital Gains Tax on Bitcoin, XRP, and Stocks appeared on BitcoinEthereumNews.com. AltcoinsBitcoinRegulations Florida lawmakers have introduced a groundbreaking bill to eliminate state-level capital gains taxes on assets like Bitcoin, XRP, and traditional stocks. If passed, Florida would become the first U.S. state to offer zero capital gains tax specifically targeting crypto investors. The initiative is part …

Florida Moves to Eliminate Capital Gains Tax on Bitcoin

The post Florida Moves to Eliminate Capital Gains Tax on Bitcoin appeared first on Coinpedia Fintech News Florida has introduced a new bill aiming to remove capital gains taxes on Bitcoin transactions. If passed, this would make Florida one of the most crypto-friendly states in the U.S. The bill is...