Groups Press Ahead With Challenge to Illinois Crypto Tax
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Industry-aligned organizations are seeking summary judgment against Illinois’ 0.2% crypto asset tax despite a six-month implementation delay.
Industry-aligned organizations are continuing their legal challenge to Illinois’ 0.2% tax on crypto assets, seeking a ruling on the merits of the measure.
Illinois officials have already agreed to postpone implementation for six months. That pause has not ended the organizations’ effort to challenge the tax in court.
The groups are seeking summary judgment, asking the court to resolve the dispute without a full trial. Their push goes beyond the temporary delay to seek a decision on the underlying legal challenge.
Source: Cointelegraph
