Data / Federal rules / 2025-12967
Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales
The Internal Revenue Service published this final rule in the Federal Register on July 11, 2025. It took effect on July 11, 2025.
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What the agency says
Pursuant to its authority under the Congressional Review Act (CRA), Congress passed a joint resolution disapproving the final rule titled "Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Asset Sales," and the President signed the resolution. Under the joint resolution and by operation of the CRA, this final rule has no legal force or effect. The Department of the Treasury (Treasury Department) and the IRS hereby remove this final rule from the Code of Federal Regulations (CFR) and revert the relevant text of the CFR back to the text that was in effect immediately prior to the effective date of this final rule.
Key facts
- Document number
- 2025-12967
- Type
- Final rule
- Action
- Final rule; CRA Revocation
- Agency
- Treasury Department; Internal Revenue Service
- Published
- July 11, 2025
- Takes effect
- July 11, 2025
- Dates
- This final rule is effective on July 11, 2025.
- Docket
- TD 10021
- Regulation ID (RIN)
- 1545-BR39
- Code of Federal Regulations
- 26 CFR 1
- Topics
- Reporting and recordkeeping requirements
- Pages
- 2
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Everything from the Internal Revenue Service · Rules on reporting and recordkeeping requirements · Published in July 2025
Read from the Federal Register API, last updated 2026-10-24. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.