Illinois crypto tax faces first legal challenge before it even takes effect

AI Summary The Digital Chamber sued Illinois on Tuesday to block the state’s new 0.2% tax on digital asset transactions, becoming the first trade group to challenge the law in court before it even takes effect. 🧵1/ Today we filed suit in Sangamon County, IL, to stop the Digital Asset Tax Act. No one should be taxed... fulltext: 314 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/illinois-crypto-tax-faces-first-legal-challenge-before-it-even-takes-effect/ Source: CryptoPolitan