IRS
Coinbase’s Tax Chief Challenges IRS on New Crypto Tax Proposals!
As the IRS navigates the intricate world of crypto taxation, Coinbase's Tax VP highlights concerns over the proposed tax rules, drawing attention to issues of user privacy and unequal treatment compared to traditional financial sectors.
Elizabeth Warren and Senators Pen Crypto Letter to Treasury and IRS
This article discusses a letter penned by several US senators to the Treasury and Finance Departments, urging them to address the issue of unpaid taxes in the cryptocurrency sector. The senators warn of a growing financial gap, and the potential for further deficits if new tax regulations are not introduced.
US Court Orders Popular Exchange to Share User Data
A US court has ordered popular cryptocurrency exchange Kraken to share user information with the Internal Revenue Service (IRS).