Blockworks: There are problems with the IRS’s new guidance on mortgage tax, and value creation is not equivalent to the acquisition of income.

Odaily Planet Daily News Blockworks published a column article pointing out that there are problems with the IRS's new staking tax guidance. The guidance states that staking rewards should be included in the taxpayer's total tax income when they control these rewards. Blockworks believes that value creation It is not equivalent to the acquisition of income. The article stated that the IRS bypassed key elements of case law. Take, for example, the U.S. Supreme Court case Commissioner v. Glenshaw Glass Co., which defined income as “a clearly realized increase in wealth that is entirely at the taxpayer’s disposal.” The IRS ruling recognized "enhancement of wealth" and "complete domination" but was silent on the "manifestly achieved" part.