NEW U.S. LAW: PAY TAXES WITH BTC, CAPITAL GAINS TAX MAY BE REMOVED
In late 2025, a bill titled “Bitcoin for America Act” (H.R. 6180) was introduced in the U.S. House of Representatives. This proposal is designed to allow individuals to pay their federal taxes directly with Bitcoin and envisions that the paid BTC will be held in a newly established reserve called the Strategic Bitcoin Reserve (SBR) (Davidson, 2025). If the tax payment is made with BTC, there will be no capital gains tax on this transaction; in other words, the tax obligation for the gains realized from selling BTC may be eliminated (Bitcoin Magazine, 2025).
If the proposal becomes law, it would be considered a significant step towards recognizing BTC as a usable payment method instead of merely a traditional investment asset. Under current U.S. tax law, BTC is still classified as property, and every sale, exchange, or even payment creates a taxable event; the new law could change this (Cointelegraph, 2025).
This move could reduce the supply of BTC in the market by encouraging hodl behavior and could trigger potential large investor inflows by increasing institutional confidence. However, the proposal has not yet become law and needs to be approved by Congress to take effect. As a result, paying taxes with BTC and the removal of the capital gains tax could be revolutionary for the crypto ecosystem.
