Via @allyversprille (Bloomberg) on Twitter, waiting on full article.
https://twitter.com/allyversprille/status/1492238966443192320?s=21
Edit: full article here
Treasury’s letter to Senators today expressed “ancillary parties who cannot get access to information that is useful to the IRS are not intended to be captured by the reporting requirements for brokers...”
Huge news for those of us concerned about the language of the US infrastructure bill passed earlier this year. Pretty common sense stuff here, but you never know when it comes to the Treasury and IRS.
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