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SYMBOL
LAST
NET CHG.
%CHG.
HIGH
LOW
5728.80
+23.35
+ 0.41%
5772.52
5723.22
18239.91
+144.76
+ 0.80%
18363.94
18181.53
42052.18
+288.71
+ 0.69%
42326.31
41869.82
104.200
+0.420
+ 0.40%
104.220
103.540
1.08314
-0.00514
-0.47%
1.09052
1.08312
1.29126
+0.00148
+ 0.11%
1.29797
1.28838
2736.28
-7.52
-0.27%
2762.13
2733.10
69.102
-1.166
-1.66%
71.154
69.084
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Australia Commodity Price YoY (Oct)

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[IRS: Crypto Rewards Received Before Account Freeze Are Subject To Tax In The Year Received] The Internal Revenue Service (IRS) Issued A Memorandum In October Addressing The Tax Liability For Digital Asset Rewards In Accounts Frozen Due To Bankruptcy. The Guidance, Which Was Sent To Michael R. Fiore Of The IRS Small Business/Self-Employed Division, Examines A Hypothetical Taxpayer (referred To As "Taxpayer A") Who Holds Cryptocurrency In An Account With A Bankrupt Platform And Received Rewards, Such As Staking Bonuses, Before The Account Was Frozen. According To The IRS: Taxpayer A Received The Reward In Year 1 Before The Account Was Frozen And Must Include The Fair Market Value Of The Date And Time Of Receipt Of The Reward In Gross Income In Year 1...even If The Account Is Still Frozen On December 31 Of Year 1. This Interpretation Follows The Provisions Of Sections 61 And 451 Of The Internal Revenue Code, Which Stipulate That Income Must Be Recognized In The Year It Is Received, Regardless Of Whether It Is Later Unavailable

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