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Who is suing whom, and why.
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Illinois Releases Draft Rules for 0.2% Digital Asset Transaction Tax
1+ week, 3+ day ago (389+ words) Illinois tax officials have released draft rules that explain how the state’s new digital asset transaction tax would work. The rules cover stablecoins, decentralized finance platforms, crypto bridges and transfers to personal wallets. The tax rate is set at 0.2%. The…...
Illinois Details DeFi, Stablecoin Rules for 0.2% Crypto Tax
1+ week, 3+ day ago (221+ words) Illinois’ draft rules spell out how its 0.2% digital asset transaction tax would apply to stablecoins, DeFi platforms, crypto bridges and self-custody transfers. Illinois tax officials have published draft rules detailing how the state’s already-enacted 0.2% digital asset transaction tax would apply…...
Illinois to Tax Crypto Trades 0.2%—Even on Losing Trades
1+ week, 3+ day ago (387+ words) Illinois wants to charge an unprecedented 0.2% tax on crypto transactions whether traders are in profit or loss. The law is scheduled to take effect on January 1, 2027, but is currently facing public, corporate, and lawmaker resistance. On September 29, the Illinois Department…...
Ford Has Paid Nearly $18 Million Over Harassment at Its Chicago Plants. The Lawsuits Are Back.
2+ week, 2+ day ago (739+ words) Ford has settled harassment claims at its Chicago plants with the federal government twice. Once in 1999. Again in 2017. Between those two deals, the company agreed to pay nearly $18 million and promised a whole lot of training, monitoring, and reporting to…...