IRS rules weren’t ready for the Ethereum upgrade. It’s unlikely to become the fiasco that taxpayers experienced when Bitcoin forked in 2017, but there are
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US Court Authorizes IRS to Issue Summons for Crypto Investors’ Records
The Internal Revenue Service (IRS) has obtained a “court order authorizing summons for records relating to U.S. taxpayers who failed to report and pay taxes
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LUNC investors react to CZ’s 1.2% trading tax recommendation on Binance
Changpeng Zhao, the CEO of Binance, recommended a flat 1.2% trading tax on LUNC trades that could be burned to reduce the token’s total supply
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South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal
The government in South Korea has seized cryptocurrency worth around $184 million in two years due to tax arrears, according to local media. The authorities
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Get ready for even more incompetence at the IRS in 2023
The IRS is hiring 87,000 agents, thanks to President Joe Biden’s 2021 infrastructure package, but they won’t be fully trained for three years.
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South Korean gov has confiscated 260B won in crypto for non-payment of taxes since 2021
The country began seizing crypto to offset tax arrears last year.
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