In August 2023, the IRS and the US Treasury Department released a set of proposed regulations that could change tax reporting requirements… Continue reading on
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IRS proposes unprecedented data-collection on crypto users
The IRS is looking to require crypto service providers to collect unprecedented swaths of data about their users — including names and Social Security numbers.
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Tax Authorities in EU to Share Transaction Data Reported by Crypto Firms
New EU rules will introduce automated exchange of information on crypto revenues reported by service providers in the sector. A new directive adopted by the
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IRS crypto tax reporting rules threat to industry — Coinbase legal chief
The IRS proposed the new crypto tax reporting rules in August, and if approved, the new crypto tax regime will come into effect from January
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Council of the EU adopts DAC8 crypto tax reporting rule
The eighth iteration of the Directive on Administrative Cooperation was formally adopted by the Council of the European Union.
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US lawmakers urge IRS to implement crypto tax reporting requirements before 2026
The crypto tax reporting requirements proposed by the IRS in August are currently scheduled to go into effect in 2026 — according to 7 senators,
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