IRS Takes Aim at Crypto and ETF Tax Engineering: Six Strategies, a $95,200 Example and Two Deadlines for US Investors
Six Strategies, Two Deadlines, One Tax Distinction The IRS has put six fund strategies under scrutiny, and US crypto investors have two dates to track: October 28 and December 31. The September 28 action targets tax engineering. It does not impose a blanket new tax on crypto ETFs. Treasury and the IRS simultaneously issued Notice 2026-62 and Revenue Ruling 2026-20. The notice describes emerging investment-fund structures whose claimed benefits may conflict with federal tax law’s purpose. The ruling rejects one specific ETF conversion under existing law. ...