在2022年的《通貨膨脹降低法》下

由邁克爾·塞勒（Michael Saylor）領導的微觀策略可能會在其193億美元未實現的比特幣收益方面面臨聯邦稅收義務。儘管不出售比特幣

MicroStrategy might be obligated to pay federal taxes on its unrealized Bitcoin gains of $19.3 billion, even though the company has not yet sold its Bitcoin holdings. This is due to a provision in the Inflation Reduction Act of 2022 that could subject MicroStrategy to a corporate alternative minimum tax (CAMT) of 15% on its adjusted corporate earnings.

即使該公司尚未出售其比特幣持股，MicroStrategy可能有義務對其未實現的比特幣收益繳納聯邦稅。這是由於2022年《降低通貨膨脹法》的一項規定，該規定可能會對其調整後的公司收入徵收企業替代最低稅（CAMT）15％。

According to a report by the Wall Street Journal on January 24, companies that have an average adjusted financial statement income (AFSI) of over $1 billion for three years are subject to CAMT. MicroStrategy’s large Bitcoin holdings put it well above this threshold, potentially making it liable for additional taxes.

根據《華爾街日報》 1月24日的一份報告，三年平均調整後的財務報表收入（AFSI）超過10億美元的公司受CAMT的約束。 MicroStrategy的大型比特幣持有量遠遠超過了這個閾值，這有可能使其負責額外的稅收。

As of January 13, MicroStrategy owns over 450,000 BTC, which is currently valued at more than $48 billion. The company’s Bitcoin portfolio tracker shows unrealized gains of over $19.3 billion.

截至1月13日，MicroStrategy擁有超過45萬BTC，目前的價值超過480億美元。該公司的比特幣投資組合跟踪器顯示未實現的收益超過193億美元。

In June 2024, MicroStrategy agreed to pay $40 million to settle a tax fraud lawsuit. The lawsuit, which was filed by the District of Columbia’s attorney general in August 2022, alleged that Michael Saylor, the CEO of MicroStrategy, had not paid income taxes in the district for over a decade despite living there.

2024年6月，MicroStrategy同意支付4000萬美元來解決稅收欺詐訴訟。該訴訟是由哥倫比亞特區檢察長於2022年8月提起的，聲稱MicroStrategy的首席執行官Michael Saylor儘管住在那裡十多年來在該地區沒有繳納所得稅。

The lawsuit had both Saylor and MicroStrategy as defendants and accused them of tax evasion. This settlement came at a time when regulatory scrutiny of corporate cryptocurrency holdings was increasing due to CAMT.

該訴訟既有塞勒和微觀，並指控他們逃稅。這項解決方案是在由於CAMT而增加的公司加密貨幣持有的監管審查時。

Both MicroStrategy and the cryptocurrency exchange Coinbase have challenged the application of CAMT to unrealized cryptocurrency gains. In a joint letter dated January 3, the companies asked the U.S. Treasury and the Internal Revenue Service (IRS) to change the rules to exclude unrealized crypto gains from AFSI calculations.

MicroStrategy和加密貨幣交換Coinbase都挑戰了CAMT在未實現的加密貨幣增益中的應用。在1月3日的聯合信中，兩家公司要求美國財政部和國稅局（IRS）更改規則，以將未實現的加密貨幣收益排除在AFSI計算中。

The letter explained how CAMT, together with new accounting standards, is making companies pay taxes on assets that have not been sold.

這封信解釋了CAMT以及新的會計標準如何使公司對尚未出售的資產納稅。

“The unforeseen combination of CAMT and a newly promulgated accounting standard are creating unjust and unintended tax consequences,” the companies wrote.

這些公司寫道：“ CAMT和新頒布的會計標準的不可預見的組合正在造成不公正和意外的稅收後果。”

The companies went on to say that they are worried about how taxing unrealized gains will hurt corporations that own a lot of cryptocurrency.

兩家公司繼續說，他們擔心未實現的收益將如何傷害擁有很多加密貨幣的公司。

In June 2024, the IRS released new cryptocurrency tax rules that will require centralized exchanges to start reporting cryptocurrency sales and trades in 2025. The goal of these rules is to improve compliance by making sure that cryptocurrency transactions are taxed correctly.

2024年6月，美國國稅局（IRS）發布了新的加密貨幣稅收規則，這些規則將需要集中式交易所開始報告2025年的加密貨幣銷售和交易。這些規則的目的是通過確保正確徵稅的加密貨幣交易來提高合規性。

To help taxpayers file accurate returns, centralized exchanges and brokers will need to give them transaction data. However, blockchain specialist Anndy Lian said that these rules could lead investors to decentralized platforms, which might make it harder to collect taxes.

為了幫助納稅人提出準確的退貨，集中式交流和經紀人將需要給他們交易數據。但是，區塊鏈專家Anndy Lian說，這些規則可能會導致投資者進入分散的平台，這可能會使收取稅收更加困難。

In December 2024, the Blockchain Association filed a lawsuit against the IRS’s use of the term “broker” to include decentralized platforms. The lawsuit said that these requirements, especially in the context of decentralized exchanges, were against the constitution.

2024年12月，區塊鏈協會針對國稅局使用“經紀人”一詞來包括分散平台提起訴訟。該訴訟說，這些要求，尤其是在分散交易所的背景下，違反了憲法。