拟议的零资本收益税：公司加密货币的新时代

在最近的一条推文中，Pro-XRP律师约翰·迪顿（John Deaton

Pro-XRP lawyer John Deaton has taken to Twitter to raise important questions about the U.S. government’s proposed zero capital gains tax on cryptocurrency projects, highlighting which companies might benefit the most from the policy. While he’s concerned about how international projects like Solana and Tezos will be impacted, Deaton points out the potential for U.S.-based companies like Ripple, Gemini, and ConsenSys to take advantage of the tax breaks. But he also explores the broader implications of corporations adopting cryptocurrencies as part of their treasury strategies, including whether such approaches would qualify businesses for tax benefits under the new framework.

Pro-XRP律师约翰·迪顿（John Deaton）已登上Twitter，提出了有关美国政府对加密货币项目的零资本利得税的重要问题，强调了哪些公司可能从该政策中受益最大。尽管他担心Solana和Tezos等国际项目将如何受到影响，但Deaton指出了像Ripple，Gemini和Consensys这样的美国公司利用税收减免的潜力。但他还探讨了采用加密货币作为其国库策略的一部分的公司的广泛含义，包括这种方法是否有资格在新框架下有资格获得税收优惠。

Deaton makes a key observation about how businesses, especially large corporations, might integrate digital assets like Bitcoin, XRP, and HBAR into their financial strategies. The proposed zero capital gains tax could make these digital currencies an attractive option for companies to hold as part of their treasury reserves. If companies can hold Bitcoin or XRP without facing tax penalties on capital gains, it would reduce the financial barriers to adopting cryptocurrencies as a reserve asset.

Deaton对企业（尤其是大型公司）如何将比特币，XRP和HBAR等数字资产整合到其财务策略中的关键观察。拟议的零资本利得税可能会使这些数字货币成为公司作为财政储备的一部分的有吸引力的选择。如果公司可以持有比特币或XRP而不面临对资本收益的税收罚款，则将减少采用加密货币作为储备资产的财务障碍。

For example, companies like MicroStrategy, which has made headlines for its substantial Bitcoin holdings, could stand to benefit immensely from this tax exemption. Being one of the first movers in integrating Bitcoin into its balance sheet, MicroStrategy could expand its crypto reserves even further, strengthening its position in the market without the burden of incurring additional tax liabilities.

例如，像MicroStrategy这样的公司成为其大量比特币持有的头条新闻，可以从这种免税中受益匪浅。作为将比特币整合到资产负债表中的首批移动者之一，MicroStrategy可能会进一步扩大其加密储备，从而加强其在市场上的地位，而不会承担额外的税收负债。

Similarly, other companies—such as Ripple, Gemini, and ConsenSys—which are already deeply involved in the cryptocurrency space, might be driven to increase their crypto holdings or add more digital assets to their balance sheets. This could pave the way for greater institutional adoption of cryptocurrencies as reserve assets, marking a new chapter for the crypto space in the corporate landscape.

同样，其他公司（例如Ripple，Gemini和Consensys）已经深深地参与了加密货币领域，可能会被驱动以增加其加密货币持有量或为其资产负债表添加更多的数字资产。这可能为更大的机构采用加密货币作为储备资产铺平道路，这标志着公司景观中加密货币空间的新篇章。

Deaton also suggests that the proposed tax exemption could lead to broader adoption of cryptocurrencies by encouraging other corporations to include digital assets like Bitcoin, XRP, and HBAR in their balance sheets. As the zero capital gains tax makes it more financially viable to hold cryptocurrencies, companies that may have been on the fence about investing in digital assets could now find it more attractive. This shift could go a long way in legitimizing cryptocurrencies and accelerating their mainstream integration into corporate financial strategies.

Deaton还建议，拟议的免税可能会通过鼓励其他公司在其资产负债表中包括比特币，XRP和HBAR等数字资产，从而导致更广泛地采用加密货币。由于零资本利得税使持有加密货币在财务上更可行，因此可能已经在投资数字资产的栅栏上的公司现在可能会发现它更具吸引力。这种转变可能会大大使加密货币合法化并加速其主流整合到公司财务战略中。

By offering an incentive for businesses to treat digital currencies as long-term holdings, the proposed tax break could catalyze the growth of institutional investment in the space, ultimately boosting the overall adoption of cryptocurrencies across industries.

通过激励企业将数字货币视为长期持股，拟议的税收减免可以促进该领域的机构投资的增长，最终促进了整个行业的加密货币的总体采用。

Despite these promising benefits, Deaton stresses the need for clear and precise guidelines on how the proposed tax exemptions will apply to businesses, especially those that incorporate cryptocurrencies into their corporate strategies. There’s still some uncertainty about which companies and strategies will qualify for the tax exemption. For instance, will companies like MicroStrategy, with a clear focus on Bitcoin as a reserve asset, qualify, or will projects with international operations encounter complications due to jurisdictional issues?

尽管有这些有希望的好处，Deaton还是强调需要明确，精确的准则，即拟议的免税将如何适用于企业，尤其是那些将加密货币纳入其公司战略的企业。对于哪些公司和策略有资格获得免税的资格仍然存在一些不确定性。例如，像MicroStrategy这样的公司会明确关注比特币作为储备资产，合格的，还是由于管辖权问题而遇到国际运营的项目会遇到并发症？

Clear definitions and criteria are essential for ensuring that the policy is applied fairly and consistently across the industry, providing companies with the confidence they need to adopt cryptocurrencies as part of their financial operations.

明确的定义和标准对于确保整个行业公平，一致地应用该政策至关重要，这使公司充满信心地采用加密货币作为其财务运营的一部分。