The U.S. Internal Revenue Service (IRS) has announced its plans to host a summit with cryptocurrency startups to discuss an approach to taxing digital assets as reported by Bloomberg Tax.

The summit is expected to be held March 3 at IRS headquarters in Washington. During the meeting, four 90-minute panel discussions will take place: a discussion of the technology itself, the issues of the exchanges, features of tax returns and compliance with regulatory requirements.

“Panelists will share their views and engage with the audience, which will include IRS personnel from across the spectrum of tax administration, and individuals from other bureaus or offices within the Department of Treasury,” the IRS invitation letter stated.

According to CoinDesk, the US Audit Chamber said earlier that the IRS refused to clarify whether its recommendations are binding.

Recall that the IRS for the first time since 2014 has published a guide on the taxation of cryptocurrencies in October.

Congressmen considered it incomplete and asked to clarify the position on cryptocurrency airdrops and forks.