Tax Agencies Worldwide Plan to Crack Down on ‘Dozens’ of Crypto Tax Evaders

Bitcoin.com | Nov 10, 2019 at 7:00 PM
  • The U.S. Internal Revenue Service (IRS) has revealed the agency is cracking down on “dozens” of cryptocurrency users evading taxes.
  • The American tax agency recently issued its first digital currency tax guidance since 2014 and the guidelines contain controversial tax liabilities created by cryptocurrency forks.
  • The J5 task force cracking down on “dozens” of cryptocurrency users evading taxes is part of a globalized effort the organization started in June 2018.