Estimated reading time: 0 minutes, 30 seconds

International Tax Chiefs Take Aim At Crypto Evasion

The Joint Chiefs of Global Tax Enforcement met virtually to discuss initiatives aimed at combating tax evasion, specifically that associated with fintech and cryptocurrency. So reports Accounting Today.

J5 LogoThe J5, as they are known, features representatives from the U.S., Canada, the U.K, Australia and the Netherlands and includes representation from the IRS Criminal Investigation unit. “Cryptocurrencies such as Bitcoin and Ethereum have become more of a priority in recent years for the IRS and other tax authorities abroad as they seek to uncover information on the quickly growing assets,” according to the article.

Read the full article from Accounting Today.

Read 1880 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.